HTC breaks anti-records, hits a 13-year old financial low

HTC continues falling deeper and deeper into the financial hole following another monthly revenue drop, setting a 13-year low in the process.

How much exactly did the revenue drop? Well, HTC made $89.3 million in revenue for February 2018, which is 23% lower than January ($109.83 million) and 44% lower than February, 2017 ($128.59 million).

The reason behind the drop could be the limited availability of HTC's most recent device – the U11+, which skipped a few important markets like the US, resulting in less sales. ...