Android Phones

HTC Profits Double, Helped by Android Boom

January 6, 2011 | by Michael Heller

HTC

HTC Logo

Android is driving cash, and HTC, one of the best manufacturers in this humble writer’s opinion, is reaping the rewards. HTC recently announced a year-on-year Q4 increase in profits from $188 million in 2009 to $500 million in 2010. HTC used to be one of the biggest Windows Mobile phone makers, but obviously making the move to Android was quite a good idea. This is a huge jump, and the future continues to look bright for both HTC and Android.

HTC isn’t taking this boost laying down either. They’ve already announced new phones for 3 of the 4 major US carriers with the Inspire 4G for AT&T, the Thunderbolt (or Incredible HD, if you prefer) coming to Verizon, and the EVO Shift on Sprint. Beyond that, HTC is also looking to join the Android tablet race with the Scribe tablet, though no details have been released for that.

[Mobiledia]