A bad year for HTC

Have you heard about HTC lately? 2015 is shaping up to be an awful year for the company. In March the company had a market cap of $4.06 billion, and today—only a few months later—it’s worth less than half of that. The stock price, at about two bucks a share, is at a 10-year low. HTC just wrapped up the second quarter of 2015, where it posted a net loss of $258 million. And the trend is downwards—year over year, HTC’s monthly revenue was down 38% in April, 48% in May, and 60% in June.

I feel bad for HTC. They have tried to make some good products, but Samsung’s tactics have pushed them down.