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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…

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

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