Saturday, April 7, 2012

HTC?s Rough Q1: Profits Down 70% Over Last Year, Revenue Dips 35%

htc-slippingHTC released their unaudited Q1 2012 earnings earlier this morning, and the results aren?t pretty [PDF]. The Taiwanese company managed to pull down NT$67.8 billion ($2.3 billion) this past quarter, a nearly 35% dip year-over-year. What?s more, HTC took an even bigger hit when it came to net income after taxes ? in Q1, they only raked in NT$4.4 billion ($149 million), compared to the NT$14.8 billion ($501 million) in profits earned this time last year. Ouch. Just? ouch.

black history month did groundhog see his shadow soul train don cornelius rod parsley barry sanders jr nick carter sister recruiting rankings

No comments:

Post a Comment