
Drops in Q4 income and revenue suggest HTC needs to rethink its strategy
The era of unmitigated growth for HTC is over. The Taiwanese smartphone manufacturer posted its fourth quarter 2010 financials this morning and the results were not welcoming. Year-over-year the fourth quarter revenue shrank 2.5% to $3.35 billion (NT$ 101.42 billion) and HTC’s net income dove 26% to $364 million (NT$ 11.02 billion). The results don’t come as a complete surprise as HTC’s November results showed … Continue reading Drops in Q4 income and revenue suggest HTC needs to rethink its strategy