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Technology Stocks : Apple Inc.

AAPL 274.82

-1.3%

12:24 PM EST

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From: Moonray	3/4/2014 7:41:53 AM
	of 213176

HTC sales slump 36.45% to a seven-year low as Apple begins a talent raid Taiwanese smartphone maker HTC has reported another drop in sales, amidst reports Apple is launching a talent raid against the company. The company reported monthly revenues in February of just $NT7.225 billion ($A266m), down a massive 36.45% from $NT11.37 billion a year earlier. February’s result represents a 25.29% month-on-month fall from January, when the company reported $NT9.6 billion in sales. The company’s January result, in turn, was down 37.75% year-on-year from $NT15.5 billion a year earlier. The February figure represents the embattled smartphone maker’s weakest monthly revenue figure in seven years. More at: smartcompany.com.au o~~~ O

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