Due to the smartphone competition becoming a harder game to play for HTC as the company came up with a statement that revenues in Q3 will be as much as 30% lower than Q2.

HTC is expecting $1.7-2 billion in Q3 2013. The revenues in Q3 2012 were $2.35 billion, the average of 22
analysts’ predictions for Q3 this year was $2.53 billion.

HTC said it expects fierce competition in the high end smartphone market
and the mid-range market were both the HTC One and HTC One mini are respectively.

Source

TechWrapZA

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