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 7" Flyer and the LTE-capable 10.1" Jetstream.
"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."

HTC Flyer
"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 Apple and Amazon have cornered the market. Even Microsoft is looking to get in the game with its own-branded Surface, which 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.

Source: Fierce Wireless

"Young lady, in this house we obey the laws of thermodynamics!" -- Homer Simpson

Most Popular ArticlesProblems with Windows 10 – Update Now
October 15, 2016, 7:30 AM
End of the Road for the Audi R8 e-tron
October 15, 2016, 5:00 AM
Is Razer Blade Stealth Laptop For You?
October 16, 2016, 5:00 AM
Bluetooth Saves Lives
October 16, 2016, 7:05 AM
IBM – Cloud Object Storage Cheaper than Amazon S3
October 14, 2016, 5:00 AM

Latest Blog Posts
T-Mobile Data Problems
Saimin Nidarson - Oct 20, 2016, 10:17 AM
IMEX America Trade Show
Saimin Nidarson - Oct 9, 2016, 10:00 AM

Copyright 2016 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki