07.10.2009 21:50 Uhr, Quelle: MacNN

HTC profit tumbles 18% from competition

Smartphone maker HTC late Tuesday reported unexpectedly poor fiscal performance for its summer quarter. The company's profit dropped nearly 18 percent compared to a year ago and reached the equivalent of $179 million Its total revenue also fell more than 10 percent to about $1.06 billion and hit the exact minimum of HTC's already lowered guidance for the period.

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