HTC Q2 report marks fifth consecutive quarter in the red


GSMArena News

To say HTC's mobile business has been facing a tough time lately would be an understatement. The company has recorded several quarters of net losses and was recently banned from selling its devices in the UK market over a patent dispute. Now the HTC's Q2 earnings report is in and it brings more bad news. This time around the quarterly net loss after tax comes in at TWD2.3 billion ($73 million) which is slightly better than its Q1 results which showed a TWD2.4 billion ($76 million) money bleed. HTC's earnings per share was negative TWD2.71 ($0.09). Operating profits also shrunk from...