HTC is expected to announce the M7 in a couple of weeks in New York City and London. Already we are seeing reports that the Taiwanese manufacturer i having trouble getting components for the device. The HTC M7 is supposedly going to be the next flagship device from HTC, and is also supposed to be launching on all the US carriers.
According to Citigroup analyst Kevin Chang, and his recent note about HTC’s M7 shipments are going to be affected by a “low yield rate of some components such as metal casings and antennas.”Now the M7 shipments for Q1 2013 are now down to 500,000 from an initial 3 million. That’s a huge drop, especially for a manufacturer that’s struggling.
Of course, analysts can sometimes be wrong. But we’re hoping they are wrong. We can hope that for HTC’s sake that the forecast being described is wrong, and that we’ll see better sales figures for HTC than what they forecasted yesterday. Which was about a 17% drop for the first quarter. That’s pretty bad since we are only 1 month into this quarter. Just in case you were wondering, Citigroup is maintaining a “sell” rating for HTC stock.
So the M7, or should we say Droid DNA Jr? Might have problems selling in the Q1 of this year. That sounds a lot like the Nexus 4, except I doubt this thing will sell as quickly as the Nexus 4 did back in November. The M7 is still expected to have a 1080p, 4.7-inch display, with a quad-core Snapdragon S4 Pro processor, 2GB of RAM and 16GB internal storage. So not to bad for an HTC flagship device. Except it sounds a lot like the Droid DNA spec’s right? That’s why we call it the Droid DNA Jr.
We’re hoping this is wrong and that HTC is able to sell a boat load of M7’s in the Q1 of this year. But we’ll have to wait and see. What do you think of all of this? Let us know in the comments below.