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HTC Profit Almost Doubles on Smartphone Sales

Phone manufacturer HTC Corp. (HTCXF) almost doubled quarterly profited as demand for smartphones surged.

Third-quarter profit jumped to NT$11.1 billion ($360 million) from NT$5.7 billion a year earlier, Bloomberg News reported. The Taiwanese company easily beat the NT$9.2 billion forecast by analysts surveyed by Bloomberg.

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Sales more than doubled from the third quarter of 2009, as…

Continue reading HTC Profit Almost Doubles on Smartphone Sales

HTC Profit Almost Doubles on Smartphone Sales originally appeared on DailyFinance on Wed, 06 Oct 2010 06:45:00.

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