HTC profits drop by a quarter

HTC profits drop by a quarter

Not brilliant news for HTC, especially just a month before Mobile World Congress… Profits have dipped by 25% in the last quarter. HTC has faced stiff competition from Samsung and Apple, with Nokia also above them in the smartphone maker leaderboard.

Sales fell in December by 20.3% but net profit for the whole of 2011 still rose by a massive 57%.

Link – BBC News

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