HTC Expects Revenue to Fall This Year Due to Product Delays

Though HTC has grown considerably over the years, even managing to become a name player in a crowded market, it looks like the fun has to end for even the more successful companies. HTC is expecting 2009 revenue to fall by a low-to-mid-single-digit percentage because of "delays in product launches, a bigger than expected fall in contract orders, and lower than expected sales in China".

Analysts are pointing towards increased competition in the Android field, with Motorola and Sony Ericsson expected to release Android phones, as a reason for the expected fall in revenue. Considering HTC was the only Android game in the market for so long, new competition would surely chip away at its market share.

But honestly, we have no worries about HTC. They've proven to us that they can make highly desirable phones that can be both sexy and usable. Hopefully, the market will reflect that and not overreact over a slight dip in revenue.

[wsj]