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After strong Q3 showing, HTC sees nearly 20 percent drop in November revenue

All was looking rosy for HTC on the end of October, when the corporate released yet one more stellar Q3 earnings report . Since then, however, things have apparently gone downhill in a beautiful drastic way, as evidenced by an unaudited revenue report for the month of November. In a statement issued today, the manufacturer confirmed that it saw about 31 billion Taiwanese dollars ($1.03 billion) in consolidated revenue last month, down 19.6 percent from November 2010, when it raked in some 38.5 billion Taiwanese dollars (about $1.27 billion). HTC didn’t offer a proof for the drop, though an earlier Q4 earnings forecast predicted that the company’s impressive streak of robust earnings reports would soon come to an end. It continues to be seen whether December treats the corporate more gently, but for now, you’re able to inspect the entire financial breakdown on the source link, below.

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