HTC Not Recession-Proof, Either
By Brad Molen on 06 Feb 09It seems that nobody in the wireless industry is safe from the negative effects of the economy.
HTC, aka High Tech Computer, posted revenues for January that were 17% down from January 2008, and 27% down from December. The decrease in revenue from December is not surprising, considering the holiday season; however the year over year decrease is not a welcome figure.
It’s not all bad news, however. HTC has announced it expects to lick its wounds and get back on its feet again by posting a double-digit growth in 2009; it should pick up as early as Q2, when new products are intoduced, HTC says.
via DigiTimes
If you liked the post, you might find these interesting too:
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- Apple’s iPhone coming to all major US carriers (Verizon, Sprint, T-Mobile) this year?
- Apple to buy $11B worth of parts from Samsung in 2012. Up from $7.8B last year
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