HTC One Supply Issues Solved, Says JP Morgan
After a couple of quarters with with drops in earnings and profits, HTC received some positive predictions from the guys at J.P. Morgan. Another good news is that the HTC stocks rating have improved, which switch from unstable to neutral. According to a FocustTaiwan report, the reason behind the HTC stock rating improvements is that the HTC One supplies problems have been fixed.
The HTC stocks are now valued at $11 and the expectations are positives for the earnings that will be posted for Q2 2013, all these thanks to HTC One. J.P. Morgan analyst Alvin Kwock mentioned in his report that HTC One was seen as the last chance of the Taiwan-based phone maker to escape from its financial problems, but, as of now, the thinks are looking better for them. I am sure that you’ve heard a couple of weeks ago that HTC One had some problems in the supply chain, but the problems have been fixed.
Over the past fortnight HTC managed to mobilize its parts suppliers and assembly factories to ship the new flagship in time. As a result, the above mentioned analyst is expecting improved incomes with 50% in Q2 2013 compared to the first three months of the year. The HTC One shippings have reached 300,000 units in March and it could reach 1.2 million units in April.
It seems that after all the HTC One is the smartphone that will turn things on the right track for the Taiwan-based manufacturer.
Just in case you forgot we remind you that HTC One is underpinned by Qualcomm’s Snapdragon 600 SoC based on four Krait 300 cores clocked at 1.7 GHz and an Adreno 320 GPU, has 2 GB of RAM and 32 or 64 GB of internal storage. The smartphone boasts a 4.7-inch Super LCD3 display with full HD resolution and Corning Gorilla Glass 2 protection, while the unibody metallic case hides a 2,300 mAh battery.
While most of the smartphone makers that introduced their flagships this year have fitted 13 megapixel cameras on their devices, HTC have bet on a 4 megapixel camera, called Ultrapixel, which comes with full HD video recording support, 1/3” sensor size, 2µm pixel size, OIS stabilization.
HTC One runs Android 4.1.2 Jelly Bean out of the box with HTC Sense 5 UI on top of it.