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HTC profit down 83 percent from last year

“HTC has just announced its unaudited results for the second quarter 2013, and they’re not pretty. Despite launching a much-lauded flagship smartphone, the HTC One, the company made just NT$1.25 billion (roughly $41 million) after tax from NT$70.7 billion ($2.35 billion) revenue. In the same quarter last year, the company took in revenue of NT$91.04 billion ($3 billion) and made NT$7.40 billion ($246 million) profit.” Make the best Android phone – and perhaps, the best phone period – and still not be out of hot water. And people still claim the smartphone market is not a one-to-one replica of the desktop market. Anywho, another victim of iceberg Apple and hurricane Samsung.

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