Quick Note: HTC Bails on U.S. Tablet Market
October 10, 2012 4:43 PM
comment(s) - last by
Another one bites the dust
We reported earlier this week that HTC is still on the ropes after issuing another dismal earnings report. The company's
earnings missed analysts' estimates
by a long shot, and its profits for the quarter were down 50 percent compared to the same period last year.
Now, we're learning that HTC is bailing on the U.S. tablet market after failing to generate much interest among customers. HTC thought that it could conquer the U.S. market with devices like the
and the LTE-capable
"We're watching that market [tablets] very, very closely," said HTCs Jeff Gordon. "It was a great learning experience for us, and they definitely met expectations."
"Meeting expectations" and then just exiting the market doesn't quite jive with us, however.
Tablets are becoming a lucrative business for hardware manufacturers, and players like
have cornered the market. Even Microsoft is looking to get in the game with its
runs Windows 8
HTC, however, is committed to reentering the market once it comes up with a proper business plan (and credible product) to counter Apple's iPad according to Gordon.
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RE: I didnt even know...
10/10/2012 5:13:12 PM
I didnt even know... That HTC had a tablet LOL.
Well, there's HTC's first problem :)
RE: I didnt even know...
10/10/2012 5:18:48 PM
Oy... 1 tablet from the 1st half of 2011 with a single core CPU. That is really outdated considering how fast mobile tech moves these days. No wonder I never heard of it. It couldnt possibly make anyone short list.
"I f***ing cannot play Halo 2 multiplayer. I cannot do it." -- Bungie Technical Lead Chris Butcher
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