HTC Profit Plunges 91 Percent

Sky News:

HTC is losing the smartphone sales war, with its devices continuing to be outsold by Apple’s iPhone and Samsung’s Galaxy range.

The Taiwanese firm, whose phones include the Butterfly, said net profit in the fourth quarter of 2012 had missed forecasts and plunged 91% year on year.

MG Siegler:

The Android ecosystem isn’t alive and well, the Samsung one is. Expect to hear a lot more out of this story in 2013.

★ Tuesday, 8 January 2013