HTC reports looming revenue slumpApril 6, 2012 - 15:52 AMT PanARMENIAN.Net - HTC has revealed its unaudited Q1 2012 financial figures, and the predicted bump in profits from the new HTC One series can’t come soon enough, SlashGear reports. Total revenues for the first quarter of this year were NT$67.8bn (US$2.3bn), the company says, which is almost a 35-percent decrease year-on-year. That results in unaudited operating income of NT$5.1bn ($173m), a dive even on the dire Q4 2011 numbers. Net income before tax was NT$5,551 million, HTC says, while net income after tax was NT$4,464 million. In the previous quarter, HTC reported NT$101.42bn ($3.44bn) in total revenue, with profit sliding to NT$27.5bn ($933m). Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | International cybercrime ringleaders arrested in Armenia, Ukraine Europol, Europe's crime agency, has arrested four ringleaders of several cybercrime networks that used botnets. Armenia skips CSTO Defense Ministers meeting A meeting of the Council of Defense Ministers of the Collective Security Treaty Organization countries began in Almaty. Armenian, Iranian foreigh policy chief talk over the phone The Foreign Minister of Armenia once again expressed condolences to his counterpart on the death of the President of Iran. Armenia, U.S. customs authorities to boost assistance with new deal The government has approved an agreement with the U.S. government on mutual assistance between the customs authorities. |