UnderArmor
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HTC burned another $101 million in the last three months
Much as we'd like to sugarcoat it, the unfortunate truth is that HTC is in trouble, and the situation is only getting worse. The phone maker has posted a third consecutive loss-making quarter, eating around $101 million (£69.6 million) in the last three months. A side-by-side comparison of the same period last year is even more doom-laden, since when it was generating a profit, it was only squeaking a meager $5.6 million. Last year, we asked if HTC was going to be the first really big Android manufacturer to slide into the sea. On this evidence, there's very little that's going to change our mind.
HTC's Grip fitness tracker is a promising, puzzling first step
We're not entirely sure why HTC decided it needed to make a fitness tracker, but it did, and it has. The end result is the HTC Grip, a device that looks more than a little like one of Nike's FuelBands, but does so, so much more. HTC gave us a peek at an early, incomplete version of the product in Barcelona, but here's the rub: I couldn't connect it to my phone in hopes of testing some of its more smartwatch-y features like notifications and canned responses. Still, venture on for a first peek at what HTC and its pals at Under Armour have cobbled together.
