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April 6, 2012 04:57 pm GMT
HTC released their unaudited Q1 2012 earnings earlier this morning, and the results arent 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. Whats 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.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/s3S-ZuFlpCA/
HTCs Rough Q1: Profits Down 70% Over Last Year, Revenue Dips 35%
HTC released their unaudited Q1 2012 earnings earlier this morning, and the results arent 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. Whats 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. Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/s3S-ZuFlpCA/
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