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View Full Version : HTC Releases Their Financial Results to the Sound of Crickets

Jeff Campbell
04-26-2012, 10:00 AM
<div class='os_post_top_link'><a href='http://www.cultofmac.com/163002/htc-the-iphone-has-won-we-cant-beat-apple-in-america/' target='_blank'>http://www.cultofmac.com/163002/htc...ple-in-america/</a><br /><br /></div><p><em>"While the vast majority of the world's tech press was focused on Apple's record-breaking quarter yesterday, HTC quietly announced its own figures."</em></p><p><img height="318" src="http://images.thoughtsmedia.com/resizer/thumbs/size/600/at/auto/1335384305.usr105634.jpg" style="border: 1px solid #d2d2bb;" width="600" /></p><p>Quietly so they wouldn't be embarrassed it appears as their results were nowhere near what Apple's were. 70% drop in profits after taking in $151.5 million during Q2, and they blame the iPhone. They used to get 50% of their revenue from the U.S. but admit that with the iPhone in business, there is no chance they will ever achieve that again.</p>