HTC: Apple And Samsung Are Clobbering Us (AAPL, GOOG)

Remember when HTC was the hot Android phone maker? Those days appear to be over.Ryan Kim at GigaOm reports:In the first quarter, HTC said it was expecting revenue of between 65 billion and 70 billion Taiwanese dollars or $2.20-2.37 billion, which could amount to as much as a 36 percent drop from the previous quarter. Analysts had expected HTC to generate $89.64 billion or $3.04 billion in revenue this quarter. HTC had previously released unaudited results for the fourth quarter but the forecast raised new concerns for HTC as it looks to regain its momentum....“Our weakness in first-quarter guidance also comes from facing competition in the U.S. from iPhone and Samsung,” said Chief Financial Officer Winston Yung said on a conference call. “LTE handsets also didn’t meet our expectations.”Read the whole thing at GigaOm →Please follow SAI on Twitter and Facebook.Join the conversation about this story »See Also:THE APPLE INVESTOR: Apple Pushes To Become Third Largest Handset Maker In The WorldTHE GOOGLE INVESTOR: Motorola Sells One Million Tablets All Last YearHey Samsung, Here's A Reminder From Steve Jobs On Why People Hate Styluses

Weiter zum vollständigen Artikel bei "Business Insider"