HTC has just announced its unaudited results for the second quarter 2013, and they're not pretty. Despite launching a much-lauded flagship smartphone, the HTC One, the company made just NT$1.25 billion (roughly $41 million) after tax from NT$70.7 billion ($2.35 billion) revenue. In the same quarter last year, the company took in revenue of NT$91.04 billion ($3 billion) and made NT$7.40 billion ($246 million) profit.
Analysts had hoped to see a stronger performance from HTC, with profits in the $70-million range, especially after the company said it had sold around 5 million HTC Ones in just 50 days. Its performance in May, the first full month since the HTC One was launched, was also very positive, down just 3.35 percent year-over-year...
via The Verge - All Posts http://www.theverge.com/2013/7/5/4495214/htc-q2-2013-earnings-unaudited
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