Wednesday Apple Rumors: HTC Blames iPhone 4S for Lousy Quarter

New iPhone noted as a major factor in company’s U.S. decline

   

Wednesday Apple Rumors: HTC Blames iPhone 4S for Lousy Quarter

daily apple rumors  300x180 Wednesday Apple Rumors: HTC Blames iPhone 4S for Lousy QuarterHere are your Apple rumors and AAPL news items for Wednesday.

HTC Blames Revenue Woes on iPhone 4S: In a meeting with analysts, HTC CEO Peter Chou singled out Apple‘s (NASDAQ:AAPL) iPhone 4S as the cause of a major decline in U.S. sales, Reuters reports. The company once derived 50% of its revenue from the U.S. but has found its phones losing market share to both Apple’s iPhone and Samsung smartphones, Reuters said. HTC’s recently announced Q1 profits dropped 70% from the year-ago period.

WWDC Tickets Sell Out in Just Two Hours: Tickets for Apple’s annual Worldwide Developer Conference, set for June 11-15 at San Francisco’s Moscone West Convention Center, sold out just two hours after they went on sale this morning, MacRumors reports. MacRumors noted that last year it took 12 hours for all WWDC tickets to sell out. This year, Apple had restricted ticket sales to registered iOS and Mac developers.

Sprint to Continue Unlimited Data Plan with Next iPhone: Sprint (NYSE:S) will continue to offer its current unlimited data plan with the next-generation iPhone, even if the new iPhone has 4G capability, as expected by most analysts, according to CNET. The company had previously indicated that it would keep the unlimited data plan for new LTE phones, but hadn’t said whether that would apply to the next iPhone. CEO Dan Hesse told CNET that the unlimited data plan set Sprint apart from competitors and attracted more customers.

For more about the company, check out our previous Apple Rumors stories.


Article printed from InvestorPlace Media, http://investorplace.com/2012/04/wednesday-apple-rumors-htc-blames-iphone-4s-for-lousy-quarter/.

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