HTC Blows Away Predictions, Reports May Sales of $1.42 Billion

 By 
Stan Schroeder
 on 
HTC Blows Away Predictions, Reports May Sales of $1.42 Billion

If you still need proof that Android as a platform is a good choice for phone and tablet manufacturers, you needn't look much further than the success story of Taiwanese company HTC.

HTC said its sales for May reached $1.42 billion, which is more than double the same month in 2010 and a solid improvement from April's $1.35 billion, Reuters reports.

HTC entered the smartphone arena with Windows Mobile devices (the company also produces Windows Phone 7 smartphones), but its sales really took off in 2009 when it shifted its focus to Android-based smartphones. Recently, HTC posted its Q1 2011 earnings, reporting 9.7 million units shipped, a 192% year-over-year increase, and revenues of $3.63 billion, a 174% year-over-year increase.

The company's own Q2 predictions forecast a 103% to 113% year-over-year increase in shipments and a 97% year-over-year increase in revenue.

HTC's first tablet, the Android-based Flyer, recently hit the U.S. market, and the company plans to launch several high-end Android-based smartphones in the near future, including the HTC Sensation and the HTC Evo 3D.

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