From CNET News.com: Samsung Electronics and HTC illustrate the disparity between the haves and have-nots in the smartphone world.
Samsung earlier today said that for the second quarter it expects to post a record 6.5 trillion won ($5.7 billion) to 6.9 trillion won in profit and 46 trillion won ($40 billion) to 48 trillion won in revenue, both up significantly over the year-earlier period.
HTC, meanwhile, said it expects to post a profit of NT$7.4 billion ($247 million) and revenue of NT$91 billion ($30.4 million) for the quarter, with profit falling for the third consecutive time.
The results underscore both the impact and challenges that come from operating in the smartphone market. Alongside Apple, Samsung has proven to be adept at selling smartphones at a rapid clip, dominating the market in total sales while taking its fair share of profits. While Samsung is a massive conglomerate that makes multiple electronic gadgets and components, smartphones have driven its bottom line for a while.
HTC, meanwhile, continues to struggle with its comeback attempt, and is just one of many handset vendors facing competitive pressures. The company has faced several issues, including a temporary ban on its high-end One X and Evo 4G LTE phones in the U.S., as well as stalled sales in Europe.
Unlike Samsung, which also sells televisions, chips, and appliances, HTC is purely focused on mobile devices. The company earlier this year tightened its focus to a few products, and has put much of its resources behind its One line of smartphones. While the One X in particularly has gotten decent buzz, the company has been tripped up by legal issues and overwhelmed by the competitive pressure.
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