A report posted on Focus Taiwan highlights a research note from the Taiwan arm of BNP Paribas Securities discussing their take on HTC's current and future financial position. Generally speaking, the assessment from analyst Laura Chen is good - "While some investors are worried about HTC's execution ability and the uptake of its planned product launches, we believe there is now a better chance of HTC regaining its momentum". "We believe HTC's earnings growth will recover in the second half of 2013 on its improved economic scale, better product mix and operating leverage". She rounds off the research note with a 'buy' rating on the stock and a NT$325 (US$10.86) target price - for reference, HTC's stock is currently sitting at NT$280.
More good news comes in the assessment of likely sales figures - Chen believes that HTC will beat previously issued guidance, helped by the anticipated Verizon release of the HTC One in June.
The real interesting content comes with the discussion of future products however. First up is the M4, a device that we already know to be a smaller, cheaper version of the HTC One. Along with an upgraded Butterfly device which surprisingly is touted for European release rather than just Asia markets, 'a new flagship product with a larger screen size of up to 5.9 inches and an upgraded processor' is discussed. I'd expect to see a Snapdragon 800 in the next round of devices, so it makes sense... but a 5.9" screen? That thing is going to be a beast unless HTC can do something really special with the design.
What do you think? It makes sense (pun intended) for HTC to capitalise on the success of the One by filling out the range with devices offering the same mix of great software, unique features and outstanding design... but will the T6 be a worthy flagship? Will people buy it? Everyone thought the Note / Note 2 would be too big and it turned out to be a runaway success... Let us know what you think!
Click here to view the item