HTC November financials show signs of improvement

While HTC remains profitable, the past year has brought a steady decline in the company's revenues. However, the Taiwanese manufacturer's November 2012 financials show possible signs of a turnaround in its fortunes. According to the company's unaudited November numbers, it brought in NT$21.2 billion ($729 million), up from NT$17.2 billion ($529 million) in October.

The boost in revenues can be attributed to the launch of key new high-end products, including the Android-based Droid DNA and J Butterfly, as well as the Windows Phone 8X, which is the signature handset for Microsoft's mobile OS.

Despite this uptick, HTC's November performance was still weaker than its monthly revenues over the summer. In July it brought in NT$25 billion, while August saw revenues of NT$24 billion.

With the last of its 2012 products now making their way into consumers' hands, HTC will no doubt be focusing on its early 2013 devices, which will likely include a new Android-based successor to the One X. If previous years are any indication, there's a good chance we might see such a device at Mobile World Congress in February.

Source: HTC