10-31-2007, 01:00 PM
|
|
Contributing Editor
Join Date: Feb 2007
Posts: 3,111
|
|
HTC 3Q 2007 margins climb to 37.9%
"High Tech Computer (HTC) saw its gross margin hit a record high of 37.9% in the third quarter of 2007 on an improved product mix and declining ODM business, according to company CFO Hui-ming Cheng. A higher than 30% on-year growth in non-ODM business and the launch of the HTC Touch and other PDA phones in the third quarter helped push up the gross margin, Cheng detailed. Looking forward, revenues from non-ODM business are expected to grow another 40% on year in the fourth quarter, with the proportion of non-ODM business to account for over 90% of HTC total revenues, Cheng estimated."
This makes a pretty big change from late last year. As consumers, we rarely see (or care) what happens to the companies that make our devices - in this instance it's clear that the Windows Mobile community has increased and voted with our collective wallets these past few months. I know for certain that I see far more people on the street pecking with styluses and fingers than I ever used to - the "smartphone" is here to stay, and Windows Mobile is and remains a big part of that market. It's clear that HTC has largely validated their shift in strategy from a pure ODM vendor, to one that can successfully compete in the crowded retail space on its own merits. Going from a 100% ODM-driven business to 90% non-ODM in under two years takes some doing...and a lot of courage. In hindsight, I'm kicking myself for not trying harder to pick up some of their stock when it was tanking 9 months ago. :wink:
__________________
"A planner is a gentle man, with neither sword nor pistol.
He walks along most daintily, because his balls are crystal."
|
| |
|
|
|
11-01-2007, 06:16 PM
|
|
Neophyte
Join Date: Dec 2003
Posts: 4
|
|
Yea, go kick yourself :lol:
I did pick up some HTC stocks last Apr, and made a small fortune :lol:. However, I sold the stock too early so I only stack up half of $ if I sell the stock today.
I am kicking myself everyday now seeing the HTC stock floating up.... :evil: :evil: 
|
| |
|
|
|
|
|
|
Linear Mode
