HTC’s just reported their fourth quarter stats for 2010, and just as you’d expect, they don’t disappoint at all. Year-on-year net profit is 160%, and overall sales doubled since this same time last year: to 24.6 million units.
They accrued revenue of $3.6 billion overall this quarter, and came away with $500 million to throw into the piggy bank. HTC expects to ship around 8.5 million in Q1 2011 – the part of any year where smartphone sales are at their lowest industry-wide.
After facing criticism about their uninspiring products (not that they aren’t good, just that they all seem the same), HTC’s Peter Chou alluded to wanting to shake things up in 2011.
“It’s a new market with many competitors, and we don’t want to rush into it,” Peter Chou, HTC chief executive, said. “We hope the product we eventually unveil will be one that meets consumers’ needs.”
I can’t imagine he was talking about anything other than the tablet(s?) we expect to see by them sometime this quarter, hopefully at Mobile World Congress in Barcelona, Spain. [via Cellular News]