Android World Update # Stock Talk: HTC's Q3 loss isn't good, but neither is it unexpected

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Stock Talk: HTC's Q3 loss isn't good, but neither is it unexpected Oct 4th 2013, 18:39, by Chris Umiastowski The question remains, though: How (and can?) HTC regroup financially to compete in this industry?  Earlier this week HTC Corp. published its unaudited results for the third quarter of 2013. Despite the number of headlines making a big deal out of the company’s first quarterly loss (yes, it lost money this quarter), the news was easily anticipated. Like many public companies, HTC shares its business outlook in every quarterly press release. Last quarter it said to expect $50 billion to $60 billion (local currency) in revenue, and it expected an operating margin as low as -8 percent.  In actuality, HTC posted slightly less revenue ($47.1 billion), and the operating margin was slightly better than the worst-case scenario in its outlook at -7 percent.  How did the market respond? The stock is actually up 1.5 percent today. That’s a tiny move for a tech stock, so it pretty much tells us Wall Street yawned at these numbers.  read more

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