HTC Profits Fall 57% Due To Apple Injunction

In April 2012, HTC had blamed the popularity of iPhone 4S for the decline in its profits. Now an injunction from Apple really made the profits of HTC fall drastically.

HTC Blames iPhone 4S For Profit Drop

HTC’s quarterly earnings have been very low and not impressive at all. According to Associated Press, this is partially the result of a successful iPhone 4S campaign by Apple.