HTC Waving the Dollar Bills... But Not for Long?

[Darius Wey]

<div class='os_post_top_link'><a href='http://www.digitimes.com/news/a20081006PM202.html' target='_blank'>http://www.digitimes.com/news/a20081006PM202.html</a><br /><br /></div><p><em>"HTC Corporation has reported September revenues of NT$13.7 billion, up 30% from the same period last year. For the third quarter of 2008, the company's total revenues reached NT$37.86 billion, representing 30.06% year-on-year growth... HTC's third quarter revenue were in line with guidance provided during last quarter's conference call. Nevertheless, September revenues were slightly affected by the delay of shipment due to a series of typhoons. The company remains optimitics [sic] it will achieve annual revenue growth of 20-30%, and close to the upper end of the target."</em></p><p><img src="http://images.thoughtsmedia.com//ppct/auto/1223527396.usr2.gif" /><br /><br />It's interesting seeing growth figures such as these, and realizing that the future may not be so rosy, given current economic conditions. The question to you, dear readers. With all that is going on in the global markets, do you plan to cut spending on new toys in the months (and possibly years) ahead? HTC and many other companies may soon have to face the stark reality that the solid growth experienced over the past few years could be reversed.</p>

[rickmahn]

Nope, it doesn't change my plans much. A bit more cautious, but I'm naturally that way. I'll still pick up the tools and devices I need to get things done.

I'm on target to pick up a new laptop for my wife and a netbook for myself yet this fall. A new smartphone for both of us in Q1/Q2 of 2009. Don't know exactly when because it's dependent on T-Mobile having decent options now that 3G is rolled out in Minneapolis.

The other reason it doesn't change my plans is because I simply save until I have the money to throw down on whatever it is I'm buying - I don't buy anything on credit if I can help it. Except cars & the house ;).

Rick

[Jason Dunn]

The other reason it doesn't change my plans is because I simply save until I have the money to throw down on whatever it is I'm buying - I don't buy anything on credit if I can help it. Except cars & the house.

That's a great approach to things Rick - I wish everyone planned that way. :)

[Fritzly]

Nope, it doesn't change my plans much. A bit more cautious, but I'm naturally that way. I'll still pick up the tools and devices I need to get things done.

I'm on target to pick up a new laptop for my wife and a netbook for myself yet this fall. A new smartphone for both of us in Q1/Q2 of 2009. Don't know exactly when because it's dependent on T-Mobile having decent options now that 3G is rolled out in Minneapolis.

The other reason it doesn't change my plans is because I simply save until I have the money to throw down on whatever it is I'm buying - I don't buy anything on credit if I can help it. Except cars & the house ;).

Rick

I could not agree with you more; now if we could make even a small amount of the remaining 99.99 people living in the US to do the same...

[Pony99CA]

I could not agree with you more; now if we could make even a small amount of the remaining 99.99 people living in the US to do the same...
I think you underestimated the U.S. population just a bit. ;)

Seriously, there's nothing wrong with paying by credit. The important thing, IMHO, is planning so you don't overuse it and can pay your bill off every month. I generally pay my credit card(s) off every month.

Sometimes there's a big ticket item or repair, and I may pay things off over time (ideally in two months tops).

Also, some places give you "same-as-cash" deals. I've bought furniture using those and it allowed me to spread my payments out for a year without incurring finance charges. What's wrong with that? I got what I needed/wanted earlier and didn't pay a cent in interest.

Steve