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July 4, 2011 10:07 pm EDT
Despite having moved into the number five slot on IDC's list of the top handset makers world wide -- beating out RIM and just behind Apple -- HTC has actually seen its share prices drop 19-percent since June 7th. The stock did rebound slightly following news that the company's sales for June were a staggering 87.8-percent higher than the same time last year. Surprisingly, that's actually a drop from May's figures which were 116-percent higher than the same month in 2010. Even though the company continues to break its own sales and profit records, some analysts don't think the company is out of the woods just yet -- a rather confusing outlook to us but, then again, we're not financial analysts.
Electronista | 
Reuters ||Comments
Original Link: http://www.engadget.com/2011/07/04/htc-sales-up-nearly-88-percent-from-last-year-analysts-still-sk/
HTC sales up nearly 88-percent from last year, analysts still skeptical on stock
Despite having moved into the number five slot on IDC's list of the top handset makers world wide -- beating out RIM and just behind Apple -- HTC has actually seen its share prices drop 19-percent since June 7th. The stock did rebound slightly following news that the company's sales for June were a staggering 87.8-percent higher than the same time last year. Surprisingly, that's actually a drop from May's figures which were 116-percent higher than the same month in 2010. Even though the company continues to break its own sales and profit records, some analysts don't think the company is out of the woods just yet -- a rather confusing outlook to us but, then again, we're not financial analysts.HTC sales up nearly 88-percent from last year, analysts still skeptical on stock originally appeared on Engadget on Mon, 04 Jul 2011 18:07:00 EDT. Please see our terms for use of feeds.
PermalinkElectronista | Reuters ||CommentsOriginal Link: http://www.engadget.com/2011/07/04/htc-sales-up-nearly-88-percent-from-last-year-analysts-still-sk/
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Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WIMore About this Source Visit Engadget