Tag: Q2 2013

HTC posts 41 million USD net profit in Q2 2013, expects first losses in Q3

It is the results season, and every company has been relentlessly working on posting its numbers for the investors to analyze, and HTC is no exception. They have just revealed their complete audited performance numbers for Q2 2013 today. With the HTC One doing well, the revenue has increased, so has the profits, but that hasn’t stopped the company from expecting to post its first losses ever, from 0 to 8%, in the next quarter. The low impact of mid range devices from HTC are to be blamed as the company repeatedly ensured that it will have renewed focus on that specific market segment.

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Nokia Q2 2013 results out, 7.4 million Lumia smartphones shipped

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Nokia just published it’s Quarter 2 2013 results and posted an operating loss of EUR 115 million over revenues of Eur 5.695 billion. The device and services division in particular had losses to the tune of Eur 33 million which is below than expected. The Nokia Siemens (NSN) division made Eur 8 million over the last quarter which helped offset losses from other arms of the Finnish company. We also recently saw that the Nokia Lumia 520 has risen to the position of being the most popular Windows Phone in the world, and had hoped that it reflect positively on the results. Looks like it has indeed happened with them announcing a grand total of 7.4 million units of Lumia smartphones sold this quarter, which is up from 5.6 million last quarter.

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