Saturday, January 7, 2012

HTC?s Growth Spurt Is Done (For Now)

htc-slippingHTC released their unaudited Q4 financials earlier this morning, and as expected, they indicate a disappointing decline for the Taiwanese hardware vendor. The company's net operating income was down to NT$12.9 billion ($426 million), a nearly $22 percent decline from their position this time last year. HTC's revenues were similarly impacted -- they only managed to pull in NT$101 billion ($3.35 billion), which represents a 2.49% year-over-year dip, and a nearly 25% decrease from their impressive Q3 figures.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/u0cy_HSQV44/

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