HTC reaches new low as September revenue declines over 80%
HTC U11
Continuing with the brand’s decline, revenues in the month of September 2018 reached $40.64 million. This number represents not only a decline of 9.57% versus the previous month, when HTC reported $45.21 million in revenue, but also a humongous 80.71% year-on-year drop which, subsequently, is also the company’s biggest revenue decline ever and represents a new revenue low for the company.
Observing 2018 as a whole, HTC’s revenue currently sits at $634.18 million. This is over 57% lower than the $1.5 billion reported last year and puts the Taiwan-based company firmly on track to miss the $1 billion mark for the year.
source: HTC
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