HTC's cart is still not doing well
Recent results show that HTC's profits are steadily declining.
HTC has released its latest third-quarter financial results. The figures show that the manufacturer’s revenue has fallen further in the last quarter. Net profit for the period was $ 132,2 million, while total sales were $ 2,4 billion. In the second quarter of this year, the manufacturer was able to show revenue of $ 3 billion and a net profit of $ 273 million, so the decline is clear. The change is even more striking when compared to the third quarter of 2011: then, HTC had revenue of $ 4,54 billion and a profit of $ 625 million.
HTC has released its latest third-quarter financial results. The figures show that the manufacturer’s revenue has fallen further in the last quarter. Net profit for the period was $ 132,2 million, while total sales were $ 2,4 billion. In the second quarter of this year, the manufacturer was able to show revenue of $ 3 billion and a net profit of $ 273 million, so the decline is clear. The change is even more striking when compared to the third quarter of 2011: then, HTC had revenue of $ 4,54 billion and a profit of $ 625 million.
Source: gsmarena.com
