Wireless News
07-31-2013, 10:50 AM
Why does HTC CEO Peter Chou still have a job? That’s the only question that comes to mind when looking over HTC’s latest earnings report, which shows the company is hurtling toward a meltdown not seen in the mobile world since BlackBerry circa 2011. Despite making one of the year’s best smartphones in the HTC One, the company on Tuesday reported that its operating margin had fallen to just 1.5% in Q2 while warning that its operating margin could further erode to -8% in Q3. What made these results so devastating for HTC was that much of the blame for its erosion in margins can be placed on the HTC One, the smartphone that the company was counting on to
More... (http://news.yahoo.com/htc-become-total-disaster-144016626.html)
More... (http://news.yahoo.com/htc-become-total-disaster-144016626.html)