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 | Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. Armenia, Russia discuss life extension of Metsamor nuclear plant Issues regarding the extension of life of the 2nd power unit of the Armenian Nuclear Power Plant were discussed in Yerevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. |