Monday, October 12, 2009

HTC profit fell 18 percent

Smart phone manufacturer HTC has published the results of its financial operations for the summer quarter, which was unexpectedly bad. Profit companies decreased by 18% compared to same period the previous year and amounted to $ 179 million. The company did not reveal any explanation for such poor business results, but analysts believe they are as a result of increased costs in terms of marketing the products and the relative low price levels for products of the company since HTC has to maintain relatively low prices due to increasing competition in the market smartphones. HTC plans next year to reduce the number of Windows Mobile devices.

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