By Guest Author on Feb 6, 2012
Today HTC has reported a 26% drop in its fourth quarter profits. They went onto express the fear of that number growing to 36% by the end of 2012′s first quarter.
The company had visions of a brighter future as they will announce new products at Barcelona’s upcoming Mobile World Congress later this month, however this appears to not be the case.
CFO Winston Yung told analysts “Our weakness in first-quarter guidance [...] comes from facing competition in the U.S. from iPhone and Samsung.” Samsung is currently the number one smartphone manufacturer in the world, but Apple, the 3rd largest, is gaining ground quickly… Read More
By Guest Author on Aug 27, 2010
It hasn’t been long since we speculated that releasing the iPhone 4 so soon to the iPhone 3GS might not be the best business move for Chinese provider China Unicom. According to The Inquirer we were right on the money with our predictions and that China Unicom has reported an astounding 54% profit drop for the 2nd quarter.
It’s appropriate to be clear about how Unicom ended up carrying Apple’s iPhone in the first place. China Mobile is the top dog in chinese cell service with over 500 million customers. Consequently they weren’t about to acquiesce to Steve Jobs and his stern business model, so they told Apple to take their iPhone and have a nice life… Read More