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Tuesday 10 July 2012

HTC reports 58% drop in profit for Q2 2012

Things don’t look very good for smartphone maker HTC which has declared a pretty steep drop in profit compared to the same period last year when it posted record profit. Profit for Q2 2012 stood at NT$7.4 billion versus NT$17.5 billion profit in Q2 2011. That is a drop of about 57.7% in profit – ouch ! Although we are a big fan of the HTC One series mainly the One X and One S, looks like it’s not doing so well in the market. Seems like Samsung is dominating the Android phone market.

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