HTC's recent struggles have continued with its latest quarterly report showing huge downturns in year-on-year revenues and profits.
The Taiwanese manufacturer and dominant company of the early Android era had hoped to bounce back from a disappointing 2011 with a new streamlined range of smartphones this year.
However it appears the launch of the HTC One series has failed to do the trick as the company struggles to re-engage with users in Europe and the US.
Apple injunctions did delay the launch of the HTC One X and the Evo 4G phones in the US, which may help to explain missed expectations.
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Ups and downs, but mainly downs
The black and white of it is as such. Profits are down 57.8 percent from $585.95 million (£378m) to $247.5 million (£160m) compared to Q2 of 2011.
However, the company will a little take comfort as that figure is at least up $149.5 million (£96.5m) from a bleak first quarter of this year.
The company had projected revenues of $3.5 billion, but missed out on that figure by a considerable margin, posting income of $3.04 billion.
The HTC One series of phones have enjoyed critical success, especially the top-of-the-range HTC One X device.
Via: The Next Web