The Taiwanese company’s reported revenue in February 2013 was a mere NT$11.37 billion, or approximately $384 million.
That’s a staggering 44 percent drop compared to February 2012, and a 26.8 percent drop month-over-month (as in, from January 2013).
In fact, it’s been exactly three years since HTC’s monthly revenues were at this level. Last month, the company reported net income of NT$1 billion (roughly $34 million), the lowest profit it booked since 2004.
The numbers paint a bleak picture for HTC, which is struggling to compete against Apple, Samsung and others in the ultra-competitive global smart devices race.