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HTC posts profit in second quarter with the help of One (M8) smartphone
HTC posts profit in second quarter with the help of One (M8) smartphone

HTC showed signs of life Thursday, reporting a net profit of $75.5 million for the quarter ending June 30. Despite the positive results, analysts remain skeptical of the company's long-term fortunes. The Taiwanese company's second-quarter net profits were an 80% improvement from its results a year ago, and they end a string of three consecutive quarters in which the company posts an operating loss. In the previous quarter, HTC had posted a net loss of $62.8 million. Leading the way for HTC in the second quarter was its new One (M8) flagship smartphone. The device was launched in late March, just before the start of the second quarter, and it was received with positive...

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