HTC's unaudited report for the third quarter of this year pointed to the first quarterly loss in the company's history. The final report confirms that and doesn't paint a rosy picture for Q4 either. The company's revenue for Q3 this year was $1.6 billion. That's a sizeable drop from the $2.4 billion in last year's Q3, and $4.54 billion for the same quarter in 2011. The gross margin was 20.4%,...
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HTC posts loss in Q3, predicts declining revenue in Q4
Reviewed by Ossama Hashim
on
November 05, 2013
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