Is the end nigh?! HTC's Q4 sales plummet yet again

  • Thread starter Thread starter Zach Epstein
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Zach Epstein

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d39ceaff1cc71f1d633ec2f018962ad9.jpgHTC's struggles continued in the fourth quarter last year but on the bright side, the wobbling smartphone maker did mange to post a narrow holiday-quarter profit despite sales that showed a significant decline yet again. Following the release of its unaudited Q4 2013 earnings early last month, the company posted its final results for the December quarter. Profit came in at $10 million, just as HTC had reported earlier, which missed analysts' expectations of $12 million. Meanwhile revenue for the quarter came in at about $1.41 billion, down sharply from the $1.98 billion in sales HTC managed in the same quarter a year earlier.

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Via BRG - Boy Genius Report
 

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