The end of any year is the time for the leading smartphone manufacturers to look back and analyze the year with its achievements and losses. In this sense no news this process was gloomy for HTC, since everyone more or less aware of the smartphone world knows the Taiwanese company has to make radical steps to stay on the top. And HTC itself admits the situation is dire with numbers now available for its 2011 fourth quarter sales. It was the first profit decline for HTC for the last two years.
Things were not looking that depressing for HTC in the middle of 2011. In fact, the company was dubbed as number one manufacturer in the US for some time during its third quarter. At that time HTC had announced its profits would rise even further. But then something happened, which prompted HTC to revise its profit expectations. The revenues of the company in the fourth quarter 2011 declined by 2.5 percent as to the previous year making 3.35 billion USD and the profits dropped by 26 percent making 368.8 million USD. The shipment of HTC handsets declined from 13.2 million shipped in 2011 third quarter to 10 million in the fourth.
As the sales of the HTC Sensation, the Wildfire and the Rhyme slowed in the fourth quarter, HTC announced it is explained by the fierce competition from Samsung and Apple and also by global financial crisis.