Tiger Airways Holdings Limited has said that it has recorded an operating profit of $12.7 million during the fourth quarter of the financial year.
It seems that HTC Corporation has been witnessing a tough time. It has been said so as already the company has been facing a grim competition from Samsung and Apple and now, a decline in the net profit has been registered.
The Taiwanese manufacturer is said to have suffered a loss in net profits by 91.5%. One of the main reasons for the slump in the net profits is said to be delay in the launch of company's new smartphone.
A recent report has confirmed that the Sprint Nextel Corporation has come out with its fourth quarter financial report. It has been mentioned that the country's third-largest wireless carrier has lose some $1.3 billion in the same, which is quite similar to that a year ago.