TAIPEI (Reuters) - HTC Corp second-quarter net profit rose to T$1.25 billion ($41.63 million), lifted by strong sales of its latest smartphone model but the figure lagged analyst forecasts. The figure compared to a record-low net profit of T$85 million in the previous quarter and T$7.4 billion net profit in the same period last year. HTC was expected to post a net profit of T$2.02 billion, according to the average forecast of 20 analysts polled by Thomson Reuters I/B/E/S. Second-quarter revenue was T$70.7 billion, in line with the T$70 billion the company had forecast in May. ...
via Tech News Headlines - Yahoo! News http://news.yahoo.com/htc-second-quarter-net-profit-lags-forecasts-080251951.html
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