HTC had the worst month in 11 years

Stefan Mileschin · 10th January 2016, 12:06

HTC is having a tough time lately, but it looks like December was its worst month in 11 years.

After showing signs of progress in November, HTC’s revenue for December crashed and burned. In total, HTC brought in just $195 million. It has not seen numbers like that since 2004 when the HTC Magician failed to summon the demon profits HTC predicted.

December’s miserable revenue assisted in pulling down HTC’s full-year revenue totals, resulting in a year-over-year revenue decrease of 35 per cent.

We have not been told the HTC’s earning details for the fourth quarter, but we suspect the senior managers are consoling themselves in a bar somewhere and don’t want to talk about it.

http://fudzilla.com/news/mobile/3961...th-in-11-years

10th January 2016, 12:06	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 153,541	HTC had the worst month in 11 years HTC is having a tough time lately, but it looks like December was its worst month in 11 years. After showing signs of progress in November, HTC’s revenue for December crashed and burned. In total, HTC brought in just $195 million. It has not seen numbers like that since 2004 when the HTC Magician failed to summon the demon profits HTC predicted. December’s miserable revenue assisted in pulling down HTC’s full-year revenue totals, resulting in a year-over-year revenue decrease of 35 per cent. We have not been told the HTC’s earning details for the fourth quarter, but we suspect the senior managers are consoling themselves in a bar somewhere and don’t want to talk about it. http://fudzilla.com/news/mobile/3961...th-in-11-years

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