HTC shares fall 5.2% on the Taipei exchange after the once-surging smartphone maker posts Q4...
Monday, February 6, 2012, 9:31 AM ETHTC shares fall 5.2% on the Taipei exchange after the once-surging smartphone maker posts Q4 results that missed analyst estimates in spite of a November warning. Moreover, in further evidence of Apple (AAPL) and Samsung's dominance of the high-end smartphone space, HTC forecasts Q1 revenue of $2.2B-$2.4B, below a $3B consensus. Competition from Chinese vendors could present another challenge.
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