HTC makes small quarterly profit by selling Beats - GSMinfo.nl

the last quarter, HTC has managed to make a small profit. This is due to the sale of Beats shares the company had largely, was mostly lost money in recent months by the Taiwanese

further.

HTC has past quarter profit of 7.5 million euros. The total turnover of HTC between October and December 2013 was 1.17 billion euros. HTC actually made it past quarter loss of 38 million euros, but the sale of the shares Beats the company had in his pocket even HTC can still write a profit in the books.

Sell Beats Audio

Until recently, HTC had 25% of all shares of Beats Audio, a manufacturer of headphones. The two companies would work together and try to join forces, but a few months ago, Beats known to want to find other investors. Then Beats decided HTC shares of the company had to buy back. Past quarter, so that happened, so HTC could score.

a small profit

Disappointing sales

It is not good lately with HTC. The sales of the Taiwanese company for nine consecutive quarters in decline, and sales of new models like the HTC One Max would be disappointing. The previous quarter, HTC made even for the first time in the history of the company a loss of 74 million euros. Since HTC has more to sell for next quarter no shares in Beats is likely that the company will suffer another loss.