[ gsmarena.com ] HTC reports declining revenue in July

[ mukeshbalani.com ] “You heard it here first…if you haven’t already heard it elsewhere”…

HTC reports declining revenue in July

HTC has hit a lull in its 20 year history. It posted a 9% decline in revenue in April and July wasn’t any better – revenue for the month was $205 million (NTD 6.2 billion), down 10.16% compared to the previous month. Still, the yearly decline is a comparatively small 2.06%.

However, a string of bad months is starting to add up to a bad year. For the first seven months of 2017, HTC took in $1.22 billion (NTD 36.86 billion) in revenue, down 7.85% compared to the same period in 2016.

Actually, things seemed to be going well in June – the revenue was up a solid 52% compared to a weak May,…