HTC sees decline continuing in Q2 as Apple, Samsung dominate smartphones

<center><a href="http://www.bgr.com/2012/04/24/htc-sees-decline-continuing-in-q2"><img class="size-full wp-image-136205 aligncenter" title="htc-one-s-9wm6" src="http://www-bgr-com.vimg.net/wp-content/uploads/2012/04/htc-one-s-9wm6.jpg" alt="" width="652" height="434" /></a></center>

HTC on Tuesday forecast lower revenue for the second quarter this year, trimming its profit margin guidance at the same time. The struggling Taiwan-based vendor sees revenue falling 16% from the second quarter last year to NT$105 billion, and gross profit margin is expected to slide to 27% from 28.8% during the same period a year earlier. HTC’s anticipated second-quarter revenue represents a 55% improvement over <a href="http://www.bgr.com/2012/04/06/htc-sees-sharp-decline-in-q1-revenue-profit/">the first quarter of 2012</a>, which saw HTC’s net profit decline sharply to its lowest point since 2006. The vendor’s new One-series smartphones recently began rolling out internationally, and both <a href="http://www.bgr.com/2012/04/23/htc-one-x-now-available-for-pre-order-from-att/">AT&T</a> and <a href="http://www.bgr.com/2012/04/18/htc-one-s-launches-on-t-mobile-for-199-april-25th/">T-Mobile</a> will launch new HTC handsets in the coming weeks. BGR reviewed the HTC One S last week and called it <a href="http://www.bgr.com/2012/04/18/htc-one-s-review/">the best smartphone ever to come to T-Mobile</a>, but HTC has its work cut out for it — Apple’s iPhone 4S remains the best-selling smartphone in the world and <a href="http://www.bgr.com/2012/04/24/galaxy-s3-moniker-revealed-in-new-samsung-app/">Samsung will unveil its next-generation flagship Galaxy phone</a> next week, just three days after <a href="http://www.bgr.com/2012/04/23/htc-one-x-now-available-for-pre-order-from-att/">HTC’s One X goes on sale at AT&T</a>.

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Via BRG - Boy Genius Report