HTC outed its financial report for February with some grim numbers. Revenue for the month was $128 million (NT$4.2 billion), less than half than the same period of 2015 - $261 million (NT$9.2 billion). Worse still, the revenue is 35% less than it was in January, which traditionally is a slow month after the Christmas holidays. Sadly for HTC, this is just another month in a series of poor financial performance. For Q4 2015, the Taiwanese phone maker reported a net loss of $101 million (NT$3.5 billion). Revenue for the period was $766 million (NT$25.7 billion). The company retains an upbeat mood however. The upcoming HTC M10 flagship will carry a new dose of hope for turning the company's fortunes around. The phone will be announced on April 19, according to recent rumors. Source |...
Source: http://www.gsmarena.com/htc_financial_report_for_february_2016_shows_record_low_revenue-news-17088.php
