HTC on Thursday posted its audited earnings results for the first quarter of 2013 and the were
in line with the company’s pre-announcement from last month.
HTC managed to pull in just $2.88 in after-tax profit, down about 98% from the year-ago quarter, which had already seen profit drop 70% from Q1 2011. Revenue last quarter came in at $1.45 billion and operating margins fell to just 0.1%.
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