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HTC Foresees Revenues Dropping a Further 14.5% in Q4 2012

It’s that time of the year when companies are pushing out their financial results and HTC, one of Asia’s most notable tech firms and a company in the midst of change, gave out its unaudited third-quarter figures earlier this month. Today it followed up with confirmed sales data and a dismal forecast for the final quarter of 2012.

Total revenue for Q3 was confirmed as coming in at $2.4 billion, down some way on the $3 billion in revenue it posted the previous quarter. The figure represents a 48 percent year-on-year drop; that’s worse still than the previous quarter, in which revenue slumped 35 percent on the same time in 2011 – big losses.

via HTC Foresees Revenues Dropping a Further 14.5% in Q4 2012.

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