While Motorola's (MMI -5.9% premarket) profit outlook disappoints, business is good for rival...

|By:, SA News Editor

While Motorola's (MMI -5.9% premarket) profit outlook disappoints, business is good for rival HTC (HTCCF.PK), which benefits from a lower cost structure than Motorola, and higher economies of scale. The company reports Q2 revenue and net profit grew 104% and 103% Y/Y, respectively, and is projecting 80% Y/Y Q3 revenue growth.