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VIEW EVENT INFORMATION: HTC |
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HTC’s Rough Q1: Profits Down 70% Over Last Year, Revenue Dips 35% |
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About the organization HTC: Type: Business Sub-Types: Telecommunication, Telecommunication Hardware, Telecommunication Software, Computer, Computer Hardware, Computer Software, Application Software |
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Notable Organizations: HTC, Techcrunch |
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HTC released their unaudited Q1 2012 earnings earlier this morning, and the results aren’t pretty [PDF]. The Taiwanese company managed to pull down NT$67.8 billion ($2.3 billion) this past quarter, a nearly 35% dip year-over-year.
What’s more, HTC took an even bigger hit when it came to net income after taxes — in Q1, they only raked in NT$4.4 billion ($149 million), compared… |
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