HTC has released its consolidated results for the second financial quarter, revealing figures in line with the unaudited report it posted last month . The Taiwanese company also gave a forecast for its third financial quarter, which it anticipates will be as tough as the first quarter of this year . It forecasts overall revenue to be somewhere between NT$70 billion (around $2.34 billion) and NT$80 billion ($2.67 billion) — a large drop from its NT$91 billion ($3.04 billion) Q2 revenue, but still slightly above the NT$67.8 billion ($2.26 billion) it posted in Q1. While HTC’s incoming revenue should be slightly higher than Q1, its gross and operating margins are set to be very poor.

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HTC forecasts poor third quarter results, near-global decline

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