HTC sees big revenue increase in May, almost back to 2012 levels

HTC sees big revenue increase in May, almost back to 2012 levels

The first sign that HTC has reversed its downward spiral was the unconfirmed info that the HTC One had sold 5 million units not long after its end-of-March launch. Now we get something more official from HTC’s monthly financial info, which shows a 48% increase in revenue for May compared to April.
The total revenue for May were $969.6 million, just 3.35% down compared to the same month last year. That’s quite the reversal, considering HTC was seeing nearly 50% year on year decrease in revenue in the previous months.

The revenue for the January-May period is $3.06 billion, about $1.4 billion from Q1 and $1.6 billion for April and May. HTC should be able to hit its Q2 projection of $2.3 billion in revenue and even surpass it if the increase in sales holds up in June.