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HTC Q4: Profits Slide To Just $34M For The Quarter, 91% Drop Year-On-Year — Its Lowest Profit Since 2004

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http://techcrunch.com – It was always clear Q4 would be difficult for HTC, as the company continues to struggle to make itself heard in a space dominated by its Android OEM rival Samsung, but exactly how difficult has been made clear today: the Taiwanese smartphone maker has posted its lowest profit in eight years, according to Bloomberg. HTC said unaudited Q4 net income was $1 billion Taiwanese dollars ($34 million) — which Reuters notes is a 91 per cent year-on-year drop. Or the lowest quarterly net-income since 2004, according to Bloomberg. For comparison, HTC posted an $11.02 billion Taiwanese dollars  (IT news)