Featured Articles

Intel takes credit for three-way 4K gaming

Intel takes credit for three-way 4K gaming

All of a sudden Intel is talking about desktop gaming like there is no tomorrow and it is pushing it. The…

More...
Nvidia Shield Tablet 32GB 4G LTE out for pre orders

Nvidia Shield Tablet 32GB 4G LTE out for pre orders

Nvidia has finally revealed the shipping date of its Shield Tablet 32GB in 4G LTE flavour and in case you pre-order…

More...
Apple announces its Apple Watch

Apple announces its Apple Watch

Apple has finally unveiled its eagerly awaited smartwatch and surprisingly it has dropped the "i" from the brand, calling it simply…

More...
Skylake 14nm announced

Skylake 14nm announced

Kirk B. Skaugen, Senior Vice President General Manager, PC Client Group has showcased Skylake, Intel’s second generation 14nm architecture.

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Monday, 08 April 2013 10:44

HTC posts horrible quarterly figures

Written by Fudzilla staff

Profit down 91.5% YoY

It is no secret that HTC is in trouble, but the company’s latest quarterly financial results seem to indicate that even the pessimists were off their mark.

HTC’s profits slipped to just $2.85 million last quarter, down 91.5 percent compared to last year. Analysts had expected more than $15 million in net profit, on top of higher revenues.

Worse, the company was forced to delay its flagship HTC One smartphone due to component shortages. The One uses a revolutionary new camera, which is apparently so revolutionary that it can’t be built.

HTC recently announced that it would rethink its marketing approach and spend a lot more cash in the process. Sadly though, it seems to be a bit too late for that. HTC makes some brilliant phones, but it just can’t get its message across. Even if it gets its act together and boost marketing, it will never be able to match Samsung’s runaway marketing budget.

blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments