“HTC’s lowered fall outlook may be a sign it expects to take a blow from the iPhone 4S, analysts pointed out Monday,” Electronista reports.
“Its expectation that it would only move 12 to 13 million phones, down from 13.2 million, was likely factoring in the effect of a Sprint iPhone on its sales, Baird analyst William Power said,” Electronista reports. “HTC may consider Sprint its most important customer in the US and would want to reflect that in expectations, which were much lower than the 14.5 million phones that Wall Street had expected.”
Electronista reports, “Mike Abramsky of RBC Capital echoed this and noted that iPhone 4S sales were still “very strong,” cutting into HTC’s share. He added that there was a likely extra harm to RIM’s BlackBerry.”
Read more in the full article here.
[Thanks to MacDailyNews Readers “Dan K.” and “Edward Weber” for the heads up.]