HTC has officially posted their Q4 2012 earnings report, which came along with word suggesting that Q1 2013 isn’t going to be much better. In fact, according to the Q1 2013 outlook from HTC, things may actually be getting a bit worse. Lets get the Q4 details out of the way before we move into what may happen in the future.
HTC has reported a quarterly revenue of NT$60 billion. This comes along with a gross margin of 23 percent and an operating margin of 1 percent. Furthermore, the net profit was NT$1 billion and the EPS was NT$1.21. Looking forward and we see Q1 2013 estimates of revenue in the NT$50 to $60 billion range and a gross profit margin of somewhere between 21 and 23 percent.
Despite the less than ideal outlook for the first quarter of 2013, HTC CEO Peter Chou seems to be remaining on the positive side. Chou talked about how HTC is going to continue to focus on the “most important element” of their business — innovation. Furthermore, on the subject of being optimistic about the future, Chou has said that; “Outstanding products, paired with improvements in our marketing execution and overall readiness give us reason to feel optimistic about the progress we will make in 2013.”
Time (and future earnings reports) will tell us just how good the future will be for HTC. But in the meantime, it seems that plenty are excited about the upcoming HTC M7, which we believe will be announced on February 19. And by plenty, we mean potential uses as well as Peter Chou who recently lead a team in an “M7” chant.