Latest Business News: HTC's Q2 Profit Plummets 83% Despite HTC One Debut

wochit business
July 05, 2013 AT 12:46 PM
The flagship HTC One is easily one of the most impressive smartphones the world has ever seen, but it wasn't enough to help HTC start on a path to recovery. The struggling smartphone vendor released earnings estimates for the second quarter that missed analysts' consensus by a wide margin.