HTC posted another poor showing in its February 2014 consolidated earnings details. The company posted approximately $238 million in revenue, down 36% from the same time a year ago, and 25% from January.
The Taiwanese company is trying to weather the storm as it waits for the introduction of its newest smartphone, the all-new HTC One, which will be announced on March 25th. They launched two smartphones at MWC this year, the low-end Desire 610 and mid-range Desire 816, both answers to promises of trying to reach markets with lower cost thresholds in 2014. (more…)