Friday, July 5, 2013

HTC Suffers Another Bad Quarter, With Profits Down 83% In Its Q2

HTC logoHTC has just put out unaudited results for its Q2, with profits down 83% on last year. The Taiwanese phone maker, which is battling for oxygen in the fiercely competitive Android OEM smartphone space dominated by South Korea's Samsung, said profits came in at NT$1.25 billion ($41.63 million), below analyst expectations, with earnings per share after tax standing at NT$1.50.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/NqOe7b0p7x4/

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