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HTC profits fall thanks to sales bans and weak demand

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http://www.talkandroid.com – HTC was planning on a big year with the One Series, but so far things aren’t looking good. They just reported 2nd quarter results and revenue came in a NT$91.0 billion ($3.04 billion), which is down 57.8% from last year. As far as net profit goes, they came in at NT$7.4 billion ($247.7 million), which is down 42.2% over last year. HTC is blaming their performance on European sales falling short and the U.S. customs delay that took place in May. This is really bad news as I thought that HTC turned the corner with what I think is the best phone available in the One X. For now, it seems Sa (IT news)