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Technology Stocks : HTC Corporation

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To: Eric L who wrote (266)	5/3/2013 9:08:30 AM
From: Eric L	of 273

HTC in Q1 2013 On May 2nd HTC announced its Q1 2013 consolidated results, with sales of NT$42.8 billion ($1.4 billion USD) and an operating margin of 0.1% (net profit of NT$85 million / $2.8 million USD). The results are some of the worst in HTC's history with sales down almost 40% and profits down more than 90%. HTC's outlook for Q2 2013 suggests that the company will bounce back in the second quarter of the year, with revenue expected to rise to NT$70 billion and operating margin of 1-3%, largely be driven by sales of the new HTC Once Android device. ### - Eric -

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