HTC's November Results Show Dramatic Slowdown...

December 7, 2011 7:51 AM EST
According to data from HTC overnight, November revenue fell 19.6 percent from NT$38.484 billion in the same month last year to NT$30.942 billion.

Year-to-date growth came in at 78.9 percent, from NT$245.675 billion in the year-ago period to NT$439.432 billion.

By comparison, November sales in 2010 grew 168.4 percent while YTD revs grew 88.4 percent. October 2011 saw a 36 percent growth in revs.

HTC jettisoned to fame mainly through the utilization of Google (Nasdaq: GOOG) Android mobile operating system, though the company does sell Microsoft (Nasdaq: MSFT)-based devices as well.


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