How disappointing has the HTC One M9 been? Since the phone launched on March 21st, HTC's shares have declined by 47% nearly slicing the value of the manufacturer in half. On March 20th, the last trading day before the phone was released, HTC was trading at the equivalent of $4.59 USD a share. After trading today, HTC's shares closed at $2.44 USD.
HTC recently announced that it expects to report an operating loss between $257 million and $291 million USD for its second quarter. And it has cut component orders for the HTC One M9 by 30%. It now plans on building 3.2 million units of its ...
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