When HTC (2498) launched the new smartphone in its “One” lineup in February, the outlook didn’t look very promising.
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But considering that the company now expects second-quarter revenue to jump 64%, to nearly $2.4 billion, it seems that the beleaguered smartphone maker could have hit a home run with the new handset.
A quick glance at HTC’s chart shows that investor interest is starting to heat back up. Shares have increased 26% since mid-March.