HTC has reported a substantial drop in its quarterly profits, with unaudited results for Q2 2012 totaling T$7.4 billion ($250 million), down from T$17.52 billion this time last year. While it marks an improvement compared to the company's dire first quarter of this year, HTC's been troubled by weaker-than-expected European sales, while customs issues have hampered US sales for high-end devices like the One X.
Engadget , HTC reveals Q2 2012 financial results: 57.8 percent net profit drop blamed on customs issues and weak sales, HTC reveals Q2 2012 financial results: 57.8 percent net profit drop blamed on customs issues and weak sales
