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HTC (HTCCF.PK), which has seen extraordinary growth on the back of Android's (GOOG) success, is...

HTC (HTCCF.PK), which has seen extraordinary growth on the back of Android's (GOOG) success, is slashing its Q4 sales outlook by a full 17-23%, citing macro issues and strong competition. Likely culprits on the competition front include Samsung's Galaxy S II line and Apple's (AAPL) iPhone 4S - the latter's debut on big HTC customer Sprint's (S) network could especially be an issue.
Comments (1)
  • All must be afraid of the dark.
    23 Nov 2011, 04:41 PM Reply Like
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