HTC manages small Q4 profit despite slumping sales

[Wireless News]

HTC’s struggles continued in the fourth quarter last year but on the bright side, the wobbling smartphone maker did mange to post a narrow holiday-quarter profit despite sales that showed a significant decline yet again. Following the release of its unaudited Q4 2013 earnings early last month, the company posted its final results for the December quarter. Profit came in at $10 million, just as HTC had reported earlier, which missed analysts’ expectations of $12 million. Meanwhile revenue for the quarter came in at about $1.41 billion, down sharply from the $1.98 billion in sales HTC managed in the same quarter a year earlier. According to a report from Reuters, HTC is planning to turn things around by focusing on

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