As predicted by the company itself, Android device manufacturer HTC today reported bleak earnings results for the April through June period. For the three month period, the Taiwan-based company lost $255 million after tax and operating costs are taken into consideration. Those losses spread out over the company's 827 million shares comes out to an approximate $0.03 cent loss per share. Revenue for the quarter was $33 billion, down from $41 billion in the preceding three months.
Read more of this post
WordPress.com