Nurhisham Hussein
10-05-2007, 11:00 AM
<div class='os_post_top_link'><a href='http://www.digitimes.com/news/a20071003PB201.html' target='_blank'>http://www.digitimes.com/news/a20071003PB201.html</a><br /><br /></div><i>"High Tech Computer (HTC) projects it will ship 15 million smartphones in 2008, up 30% from the shipment volume projected for 2007, the Chinese-language Commercial Times quoted sources at HTC as saying...HTC's share price rose by the daily 7% up-limit, to close at NT$529 (US$16.20) on the Taiwan Stock Exchange (TSE) on October 2 after the company revealed it shipped over 800,000 HTC Touch phones since it went on sale in late July."</i><br /><br />I love that last bit, given the hype and media attention a certain competitor has received over the same period - though to be fair, pricing and market segments are pretty different. I mean if market penetration was all that mattered, Nokia has everybody beat! Now as for the 15 million target, 30% growth is pretty substantial, which explains the runup in the stock price. Revenue growth was pretty awful the <a href="http://www.htc.com/investor_service/04-investor-1.htm">first half of this year</a>, so the Touch - even rushed out as it was *ahem* - gives investors hope that HTC's shift from an ODM-centric to own-brand strategy might actually pay off. The Kaiser/Tilt will also certainly help boost the Q4 bottom-line. If we're talking about 30% growth <i>next year</i> though, they'll have to be looking at releasing some pretty nifty new models - Omni and Polaris, anyone?<br /><br /><b>Update:</b> HTC's <a href="http://www.digitimes.com/news/a20071008PD206.html">September revenue</a> just hit an all time high, so the Touch <i>is</i> having giving the company a pretty good boost at least to the top-line of the P&L. With the recent launch of the Tilt and Touch Dual, 4Q numbers ought to look pretty good - stay tuned.