With HTC reporting this morning that April revenues plunged 38.6% year-over-year, analysts are quickly placing the blame on disappointing sales of its new HTC One M9 flagship phone. Just one month after reporting "robust" sales that led to its best Q1 since 2011, HTC reported its worst April revenue figure in 6 years.
For the month, HTC took in $439.95 million, down from the $719.24 million the company reported in revenue last April. Sales declined 32.26% from the $652.44 million the company garnered in March 2015. An unnamed analyst who toils for Yuanta Securities Investment Consulting ...
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