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Investors react favorably to HTC and Apple’s patent licensing agreement – stock rises 6.86 percent
Investors seem to agree that the HTC and Apple cross-licensing agreement which was announced late on Saturday is a good thing for HTC. The company’s stock price opened 6.86 percent (the maximum allowed on Taiwan’s stock exchange) higher this morning and maintained its gains throughout the day as the
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HTC stock price spikes as investors anticipate November sales to rebound
HTC’s stock price took an unexpected turn today as institutional investors purchased more than 2.5 million shares of the company. The sudden surge in demand for HTC stocks forced the price upwards by 7% – the daily cap for Taiwan’s stock market. Mega International Investment Service Corp says that
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HTC projects Q1 handset shipments to reach 8.5 million units
In a presentation to investors, HTC revealed that they expect to Q1 revenues to reach $3.2 billion as the expected numbers of shipped handsets should reach 8.5 million units. While big numbers are always impressive to the public, investors are probably a bit more eager about the 29.5 percent profit margin. As the number four…