Instead of reaping the rewards of putting out a lovely new flagship, HTC has just reported its lowest ever profit -- a mere $2.8 million in unaudited net income -- for the last quarter. That compares to $173 million in the same quarter of last year, representing a pretty catastrophic fall of around 98 percent. The reason? The HTC One, on which the company's fortunes rest almost entirely, may as well not exist, because manufacturing delays have prevented anyone from buying it. DevelopingFiled under: Cellphones, Mobile
