HTC posts loss in Q3, predicts declining revenue in Q4


HTC's unaudited report for the third quarter of this year pointed to the first quarterly loss in the company's history. The final report confirms that and doesn't paint a rosy picture for Q4 either. The company's revenue for Q3 this year was $1.6 billion. That's a sizeable drop from the $2.4 billion in last year's Q3, and $4.54 billion for the same quarter in 2011. The gross margin was 20.4%,...




Source: http://www.gsmarena.com/htc_posts_loss_in_q3_predicts_declining_revenue_in_q4-news-7129.php

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