The economic crisis continues to affect the sales of mobile phones. Taiwan smartphones manufacturer HTC announced that its profit for the first quarter of this year fell by 30% compared to the same period OF last year.
MakeR of the first Android running hardware said that its profit for the first three months of 2009 are $148 million in comparison, for the first quarter of 2008, HTC has earned $ 210 million While this decline was quite predicted. According to a poll conducted by Reuters agency among the 10 analysts, the anticipated profit of HTC for the quarter was to be $140 million.
Such losses HTC connects not only with the crisis, but delayed shipments, which in some cases was delayed until April. Analysts attributed these losses to a small number of new smartphones that have emerged in the first quarter of this year, as well as low demand for expensive devices. It is anticipated that the second quarter earnings will start to grow slowly.