HTC shows little sign of recovery as November revenues decline over 70%

The HTC U11

Right on schedule, HTC has today published its unaudited revenue report for the month of November and, after a quick look at the results, it’s fair to say that it contains no surprises.

For the period ending November 30, HTC’s revenue totaled $47.67 million. This figure actually represents a slight increase of 12.75% over the $42.63 million earnt in October, which is always a positive sign. But, rather unfortunately, it wasn’t enough to avoid a massive year-on-year drop. In fact, November was the third consecutive month with ...