06
Jul
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According to the Wall Street Journal, HTC beat estimates in its Q2 2010 earnings report; with net profits coming in at $268 million for the first half of the year, a 33% increase over 2009. The reason? Probably the fact that HTC is on track to ship over 20 million phones in 2010, a 66% increase over the 12 million they sold last year.

While at first glance these numbers hold little meaning, their implications could be significant. The fastest-growing portion of HTC’s phone lineup is undoubtedly smart phones running Android. As Google continues to develop Android into what it hopes will become the world’s premier mobile operating system, companies like HTC only stand to benefit. The high-end smart phones which HTC has released in 2010 (aside from the Windows Mobile 6.5 HD2, which coincidentally also can now run Android) have almost exclusively been Android 2.1 devices. The major changes which Android 2.1 introduced over 1.6 clearly have been a great success for both HTC and Google.

With Android 2.2 Froyo rolling out to more devices every day, and Gingerbread planned for a Q4 2010 release, HTC will probably be sitting even prettier by the end of the year.

Credit: Wall Street Journal via BoyGeniusReport

David Ruddock
David's phone is whatever is currently sitting on his desk. He is an avid writer, and enjoys playing devil's advocate in editorials, and reviewing the latest phones and gadgets. He also doesn't usually write such boring sentences.

  • cooldude5500

    It's sad to see what HTC has become now.

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