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All posts tagged "recession"


Thursday, October 9, 2008

HTC Waving the Dollar Bills... But Not for Long?

Posted by Darius Wey in "Pocket PC Talk" @ 03:20 AM

http://www.digitimes.com/news/a20081006PM202.html

"HTC Corporation has reported September revenues of NT$13.7 billion, up 30% from the same period last year. For the third quarter of 2008, the company's total revenues reached NT$37.86 billion, representing 30.06% year-on-year growth... HTC's third quarter revenue were in line with guidance provided during last quarter's conference call. Nevertheless, September revenues were slightly affected by the delay of shipment due to a series of typhoons. The company remains optimitics [sic] it will achieve annual revenue growth of 20-30%, and close to the upper end of the target."



It's interesting seeing growth figures such as these, and realizing that the future may not be so rosy, given current economic conditions. The question to you, dear readers. With all that is going on in the global markets, do you plan to cut spending on new toys in the months (and possibly years) ahead? HTC and many other companies may soon have to face the stark reality that the solid growth experienced over the past few years could be reversed.


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