HTC Posts Record Profit Drop ⇥ businessweek.com

Tim Culpan, writing for Bloomberg:

HTC Corp., Asia’s second-largest smartphone maker, posted a record 79 percent drop in quarterly profit as competition from Samsung Electronics Co. and Apple Inc. drove down sales of the Taiwanese company’s devices.

Disappointing, as the only Android phones I think can compete with Apple and Nokia in terms of design are made by HTC.