HTC's fortunes aren't going so well. At the start of the year, the company announced a
22 percent decline in operating income, year-on-year. Today, it's had the misfortune to announce that its second quarter net profits for 2012 are down a hideous 57 percent compared to the year before.
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Source: http://feeds.gawker.com/~r/gizmodo/full/~3/Vt0g9iVevyk/is-htc-the-new-doomed-phone-manufacturer
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