HTC has reported a substantial drop in its quarterly profits, with unaudited profit for Q2 2012 totalling T$7.4 billion ($247.7 million), down from T$17.52 billion this time last year. While it marks an improvement compared to the company's dire Q1, HTC's been troubled by weaker-than-expected European sales, while customs issues hampered US sales for high-end devices like the One X. DevelopingHTC reveals financial results for Q2 2012: 57.8 percent fall in net profit originally appeared on
