HTC releases Q3 results, profits continue to slide down

HTC released its unaudited Q3 financial results and the numbers show a net profit of $133.2 million and $2.4 billion in revenues. Although a positive quarter it shows a serious decline from this year's Q2 when HTC achieved $3 billion in revenues and $273 million in profits. The numbers compare even less favorably to those from the same period of last year - in Q3 2011 HTC managed $4.54 billion in revenue with a net income of $625 million.

GSM Arena , HTC releases Q3 results, profits continue to slide down

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