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
"There is a single light of science, and to brighten it anywhere is to brighten it everywhere." -- Isaac Asimov
|
Most Popular ArticlesHigh School Student Creates Storage Device that Can Charge in 20 Seconds
May 20, 2013, 6:51 AM
Apples Tries to Use Decade-Old Patents to Ban Samsung Galaxy S IV
May 22, 2013, 3:00 PM
NASA Awards $125,000 Grant for 3D Printed Food on Long-Term Space Travels
May 21, 2013, 1:32 PM
Microsoft Announces Voice-Controlled "Xbox One"
May 21, 2013, 12:55 AM
Cure For Baldness Could Be on Store Shelves within Two Years
May 22, 2013, 8:29 AM
|
