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HTC continues to slide, August revenues don't impress

HTC's August revenue numbers don't provide confidence in the company (TPE:2498)
| Business, Financial & Legal News | Posted: Sep 10, 2013 2:32 am

HTC has been on the downward spiral for quite sometime now, but its latest revenue report for August is quiet disappointing. Even with the HTC One smartphone being a success, the company only made $443.3 million, which is 16% lower than July's numbers.




Even worse, it's the worst they've seen in six months with reporting that August's numbers are 45% lower than it was at the same time last year. The problem now is bringing the numbers up going into September, which would require a 60% increase in sales which simply isn't going to happen. Do you think HTC will make it until 2014? I see the company being acquired by a bigger player such as Google, rolling it into its Motorola business.


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