Author: Wolfi Date: November 28, 2011 Categories: Blog Tags:, ,

From Hunter Skipworth:

HTC has been having a bit of a tough time of it of late, braving a 7 per cent drop in share price recently. Lack of competitive devices has led to concerns arising of HTC’s future. The company however has just announced plans to release multiple high spec devices at the start of next year.

HTC, once known for its innovative and highly successful handsets, recently cut its revenue forecast to match last year’s growth. Investors are now becoming concerned the company might have lost its once highly succesful design touch.

Speaking to Reuters, Chief Financial Officer Winston Yung explained how he didn’t feel the company to be taking Nokia’s route. “”We have six quarters of improvement, the most conservative guidance is 45 million units…..

Source: Pocket-Lint