Windows Phone Thoughts: HTC Lowers Expectations In 2009

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Monday, January 19, 2009

HTC Lowers Expectations In 2009

Posted by Darius Wey in "Pocket PC News" @ 03:17 PM

http://www.digitimes.com/news/a20090119PB203.html

"High Tech Computer (HTC) has lowered its guidance for revenue growth in 2009 amid the global economic slowdown, according to a Chinese-language Commercial Times report. The paper quoted HTC CEO Peter Chou as saying that the company expects its revenues to grow at a double-digit rate in 2009, compared to a robust 20% growth Chou projected in a conference call last October."

This just goes to show that not even the venerable are immune from tough economic conditions; although, double-digit rate of growth is still solid, considering many other major companies have experienced losses in the past half year, and are expecting further losses in the year ahead.


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