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HTC profits grows to $360 million in Q3 (thanks to Android)

HTC has come on strong over the past couple years. They have developed beautiful devices that people are proud to put in their hands and also have created a unique UI with Sense. When it comes to the bottom line they are also raking in the dough. Their Q3 2010 results (July to September) were announced today and profits almost doubled from this time last year to an astounding $360 million. This is mainly due to their big push by releasing devices that operate on Google’s Android OS (like the Desire and the Legend). Analyst Steven Tseng said “Investors are comfortable with HTC’s status in the Android market. HTC will keep a stable position, even if it is not a leader in the sector.”

Source: Reuters
Via: IntoMobile

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