Rivals to loom large over HTC sales, Q3 growth seen flat
Taipei: HTC Corp may not sustain sales growth into the third-quarter as the glow around the Taiwanese smartphone maker's flagship model is likely to be eclipsed by new products from bigger rivals Apple Inc (AAPL.O) and Samsung Electronics Co Ltd.
Strong sales of the latest version of the HTC One, as well as the colourful Butterfly range, boosted HTC's second-quarter net profit surged to T$1.25 billion from a record low in the previous quarter when a shortage of camera components delayed its product launch.
The profit figure, however, lagged forecasts and analysts said the sales growth was likely to be short-lived. Sales for the July-September quarter are expected to remain little changed from the previous quarter and few new products are in the pipeline.
The company has also cut back on component orders for the quarter, which traditionally sees higher sales, several analysts said. BNP Paribas, in a recent research note, said it expected overall third-quarter orders to remain flat from the second-quarter.
BJP leader Subramanian Swamy criticised the Aam Aadmi Party for taking support from the Congress. Swamy said that the AAP has committed suicide by opting for an alliance with the Congress.
Date 23-02-14, Duration 1:43, Views 35520
Date 23-02-14 1:43
Tooltip Information:AAP's alliance with Cong. a suicide: BJPVideo by:Description: BJP leader Subramanian Swamy criticised the Aam Aadmi Party for taking support from the Congress. Swamy said that the AAP has committed suicide by opting for an alliance with the Congress.Rating: 3.23Views: 35520
Date 26-04-14 4:34
Tooltip Information:Ramdev says Rahul goes to Dalit houses for picnics, Cong. reactsVideo by:Description: Yoga guru Baba Ramdev made a shocking statement on Friday that Congress vice President Rahul Gandhi goes to Dalit houses for picnics and honeymoon. Ramdev who is supporting the BJP in the Elections 2014 made the objectionable comments during a press conference in Lucknow. He attacked Rahul Gandhi's 'single' status saying that Rahul wanted to marry a foreigner but was stopped by his mother Congress Chief Sonia Gandhi. He further went on to say that Sonia Gandhi asked Rahul not to get married until he becomes the prime minister. Meanwhile, the Congress party has condemned the statement.Rating: 4.54Views: 5963
Date 11-04-14 3:09
Tooltip Information:CNN-IBN and Microsoft Analytics Center for LS 2014 ElectionVideo by:Description: Largest technology brand Microsoft has joined hands with India’s biggest media Channel CNN-IBN to set up an elections analytics center to help decode the Indian electionsRating: 4Views: 1836
Date 10-04-14 0:55
Tooltip Information:Microsoft and CNN-IBN Join Hands to Analysis the LS 2014 Polls TrendsVideo by:Description: World's largest technology brand Microsoft has joined hands with India’s biggest media Channel CNN-IBN to analyse the Lok Sabha elections 2014 trends.Rating: 4Views: 1591
Date 14 hrs ago 1:44
Tooltip Information:Indian markets flat-line as investors analyse budgetVideo by:Description: Indian markets flat-lined on Friday as investors analysed the budget announced by Narendra Modi's new government. Stock market expert, Sunil Shah, said currently that there is no activity in the market due to repercussions of the budget.Rating: 4Views: 0
Date 14 hrs ago 3:15
Tooltip Information:Narendra Modi wants better ties with US: Rajiv Pratap RudyVideo by:Description: BJP leader Rajiv Pratap Rudy on Friday said that Prime Minister Narendra Modi getting an invitation from the US Government and President Barack Obama in particular is a step in the right direction, adding that India has always wanted good relations with the United States. US Deputy Secretary of State William Burns delivered a letter from President Obama to Prime Minister Narendra Modi inviting him to USA. In his letter, President Obama reiterated his invitation to Prime Minister Modi to visit Washington in September and said he was looking forward to working closely with Prime Minister Modi to make India-US relations a defining partnership for the 21st Century. The Prime Minister reiterated his desire to strengthen relations with all neighbours.Rating: 4Views: 0