HTC faces 25% decrease in Profit

According to an internet post Taiwanese company faced 25.5% decrease in profit when compared to last year’s $364.26 million net profit. With such a downfall the HTC even failed to meet those revisited goals of previous years by which it came into existence.

Mobile experts say that the increased pressure from Samsung and Apple is the main reason behind this downfall. Only new mobile phones announcements at CES next week could bring this company back on the path of success.

As the reports said company is expected to launch the world’s first quad core smartphone in this year. Let’s see how much it helps in raising company’s profit graph.