HTC Revenue Declined In October As iPhone 4S Made Worldwide Debut
In a rare occurrence revenues at Smartphone manufacturer HTC took a slight dip in October when compared to September sales. According to the company their October revenue was down by 2.8 percent ($1.46 billion) compared to the month prior.
The company’s revenue dip is expected to last well into the holiday buying season after Apple last month released their iPhone 4S in 29 countries at once which in turn pushed down Smartphone sales for most other manufacturers.
While HTC officials have not directly said Apple is too blame for their drop in revenue they did hint to an Apple effect in their fall forecast and said they are expecting lower than previously thought phone shipments over the fall months.
HTC still has strong offerings especially in the U.S. market with their Amaze 4G, Rezound and Vivid Smartphones. Unfortunately for HTC they no longer have a “stronghold” on Sprint Wireless after the company began selling the iPhone 4S.
In the meantime all eyes will turn to CES (January 2012) and Mobile World Congress (February 2012), events where HTC tends to roll out the roadmap for their newest devices.
Are you a fan of HTC or have you decided on the iPhone 4S and it’s Siri voice assistant technology?
