After a long streak of skyrocketing earnings, HTC's climb towards the stars seems to have
stalled. Q4 was not kind to the company and CFO Winston Yung thinks he knows the reason why. During the today's earnings call Yung admitted that HTC "dropped the ball" with its selection of LTE devices. He conceded that the
bulky handsets simply failed on a design and
spec level --
especially when it came to
battery life -- and were not selling nearly as well as expected. Unsurprisingly, the company promises to turn its fortunes around with the next product cycle, which is rumored to kick off at MWC with the
Ville.
HTC admits its bulky, quick-dying LTE phones kinda suck originally appeared on Engadget on Mon, 06 Feb 2012 10:32:00 EDT. Please see our terms for use of feeds.
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