Monday, May 9, 2016

HTC Revenues are Down 64% & Profit Down 78% YoY

HTC just published their Q1 financial report and things are not looking good for the Taiwanese handset maker. They earned $460 million in revenue for the quarter, but this is down from $1.29 billion a year ago. They were able to bring in $60 million in profit though, but even this was down from $250 million when compared to the first quarter of 2015.

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