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HTC posts disappointing unaudited revenue numbers for August

Today, HTC announced unaudited consolidated revenue for August 2013 of NT$13.2bn, numbers which are 45% lower from a year earlier. At the current rate, analysts are not expecting HTC to hits its NT$50 billion to NT$60 billion forecast for the third quarter of 2013 and some are predicting that HTC will end then entire year with a full-year loss.…
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HTC revenue for August drops 4 percent from July – expected to get a huge boost in September

Last week, HTC reported that its unaudited revenue for August came in at $804 million, nearly a four percent drop from July’s $835 million in revenue. While the decline in revenue may sound like HTC may be fizzling out, the company is still profitable and there are signs that things could soon turn around. According…