HTC sales down 17 percent in July, 46 percent year-over-year

HTC announced unaudited sales reports for July. The Taiwanese manufacturer generated $25 billion NT ($836 million) in sales, down 17 percent from sales reported in June. July 2012 sales were also a complete reversal from July 2011, a month in which HTC reported record sales of $45.11 billion NT ($1.56 billion). The 46 percent decline is part of a downward trend HTC expected when it released second quarter earnings last week. Revenue was down year-over-year, and the company expects the same to happen this quarter.