HTC Profits Drop 98 Per Cent
HTC has posted its lowest quarterly profit since 2004 – just £1.8m for Q1 2013 on revenues of £930m. The struggling Taiwanese company has seen its profits after tax drop by 98 per cent from the identical time a year earlier. Profit margins on its products have also been falling, going from 25 per cent to twenty per cent over the process the...