Results of the first quarter of 2012 from HTC

HTC has released the data in the first quarter of this year, which, as expected, after the preliminary data are not too different from previous unsuccessful months. The full report for the first three months of 2012 details the information about the problems of the company. Total revenues were $ 2.3 billion, but it is 34.3% less than the previous quarter and 34.9% lower than during the same period a year ago. In other matters, we should not exaggerate the significance of these figures, since the new line of smartphones HTC One, which was created as a correction of past mistakes, went on sale after the end of first quarter results and its impact could not. It is worth noting that HTC's been reduce operating costs has been achieved mainly by reducing the costs of sale. However, it is not possible to change the negative trend, which shows an operating profit of the company. In the first quarter it was only 173 million dollars, which is 60% lower than in the last quarter of 2011 and 69% lower than during the same period a year earlier. Gross profit and operating margin decreased by 4.3% and 8.3% respectively in comparison with the first quarter of 2011. forecast for the next quarter, the company is optimistic. The HTC expect that gross margin and operating margin performance achieved last quarter of 2011, while revenues reached 3.59 billion dollars, which is approximately the second quarter of 2011.