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With a loss of $101 milllion in Q3, HTC posts its first-ever quarterly loss
The inevitable has happened, Today, HTC posted the company’s first quarterly loss. In Q3, HTC pulled in $1.6 billion revenue, but it was not enough to offset the company’s expenses, resulting in a $101.2 million net loss. HTC is not reporting how many devices it shipped during the quarter. There have been reports of inventory shortages of…
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HTC’s July revenue drops 45 percent in one year
As expected, HTC’s first month of Q3 finished with a 45 percent drop in revenue when compared to July of 2011. HTC’s unaudited numbers show that the company managed to rake in $835 million, though no details are available regarding its profits or the number of units shipped. HTC has been struggling to keep up with…