07.12.2011 15:05 Uhr, Quelle: MacNN

HTC has no plans to further shrink fall guidance

HTC stated Wednesday that it had no plans to further drop its low fall outlook. In spite of a steep November drop, which was down 30 percent month-to-month and 20 percent year-over-year, it still saw revenue down 23 percent from earlier estimates, or roughly the same as a year ago. The company's share price has plunged 40 percent in just over a month over jitters that HTC had stopped growing.

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