Emily Tan
Dec 7, 2011

HTC’s slump continues with 30 per cent month-on-month plunge in November sales

GLOBAL – Taiwanese mobile phone maker HTC seems to be caught in a perfect storm with falling sales and legal troubles. In November the world’s fourth largest smartphone manufacturer slashed sales forecasts for the fourth quarter by 23 per cent, and recently has posted November sales figures 30 per cent down from October.

HTC's phones and brand may not be enough to save it

Spotted by The Next Web, HTC posted November consolidated sales of US$1.03 billion, down from US$1.46 billion in October and 20 per cent lower than its sales in November, 2010.

Late last month, HTC lowered its fourth quarter revenue estimates by 23 per cent, citing increased competition and challenging economic climate. This ends a winning streak for HTC with sales in August peaking at US$1.56 billion leading to its year-to-date figures...

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