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HTC posts loss in Q3, predicts declining revenue in Q4

Started by DP, November 06, 2013, 09:04:02 AM

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DP

HTC posts loss in Q3, predicts declining revenue in Q4

<img src="http://cdn.gsmarena.com/...This TV Show is available upon demand...This means if you want the download link for this show, you should  reply here and we will reply  for you the download link ASAP...So please if you want to download this please don't hesitate reply here and we will be more than happy to post it for you..../newsimg/13/11/htc-q3/thumb.jpg" width="70" height="92" hspace="3" alt="" border="0" align=left style="background:#333333;padding:0px;margin:0px 4px 0px 0px;border-style:solid;border-color:#aaaaaa;border-width:1px" /> <p>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%,...</p>

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