Article: HTC Share Holders Jump Ship This Morning, Steve Jobs Laughs Maniacally

[Phillip Swanson]

HTC stockholders are running for this hills this morning in reaction to the International Trade Commission's Ruling that the company violated two patents held by Apple.

In other reports maniacal laughter could be heard emanating from Steve Jobs mansion.

HTC shares dipped nearly 6.5% this morning cementing the free-fall the companies shares experienced last week. To help stop the bleeding HTC announced a $760 million share buy back program which the company hopes will help stabilize the companies stock price and restore investor confidence. According to Financial times the program "appeared to have little affect as the stock fell below HTC's minimum purchase price."

HTC recently acquired S3 graphics for $300 million in part to secure a number of patents to protect the Taiwanese company from Apple's legal team. The ITC actually ruled in favor S3 in a suit against Apple earlier this year. HTC purchased a patent portfolio from ADC communication for $75 million in addition to signing a Android protection pact with Microsoft.

Unless HTC can reaches a settlement with Apple, or the ITC ultimately rules against an outright ban of their products in the U.S. the companies stock could plummet further, and risk becoming the first casualty in this all out telecom patent war.

Source: Financial Times [via 9to5Mac]

[Daerid]

Does anyone know the stock ticker, or how to track that, seeing as they are in an Asian market?

[NSXrebel]

In other reports maniacal laughter could be heard emanating from Steve Jobs' mansion.

really...?

[Mes]

Does anyone know the stock ticker, or how to track that, seeing as they are in an Asian market?

Some US brokers offer non-US market trades. The latest financial report (I didn't read it) almost surely provides the ticker name and symbol.

HTC - Investor

[snowdweller]

really...?

Yes really because I could hear it in Australia. It was quite the manical.

[Cokeman]

I find it funny, Apple is using patents from S3 that is now owned by HTC, & HTC allegedly using Apple owned Patents.
Why can't they just say hey we use yours, you use ours. Problem solved.

[guitarplaya7777]

Unless HTC can reaches a settlement with Apple

does anyone that writes for this site proof read their posts first?

[Poseidon79]

does anyone that writes for this site proof read their posts first?

Proofread your own post! Nice capitalization error/typo! It's "proofread" or "proof-read" by the way. FAIL!

[Painkiller006]

Proofread your own post! Nice capitalization error/typo! It's "proofread" or "proof-read" by the way. FAIL!

As much as we should "proofread" our own post it's more important for the writter to proofread their post. Just my $0.02

[Mes]

...Just my $0.02

When it reaches $50 ... then ....

[Poseidon79]

As much as we should "proofread" our own post it's more important for the writter to proofread their post. Just my $0.02

I can agree with that; however, if you're going to publicly criticize someone for typos then it would probably be smart not to commit the same errors while in the mist of calling out said person. Makes you look like a moron.

[GellBrake'rrrr]

When it reaches $50 ... then ....

Agreed!

As much as we should "proofread" our own post it's more important for the writter to proofread their post. Just my $0.02

It shouldn't matter who it is. As the saying goes..... Don't preach what you teach!!!!

[RICO_]

I can agree with that; however, if you're going to publicly criticize someone for typos then it would probably be smart not to commit the same errors while in the mist of calling out said person. Makes you look like a moron.

Is that a sentence fragment and an incorrect spelling of "midst" that I spy there? :P

[Poseidon79]

Is that a sentence fragment and an incorrect spelling of "midst" that I spy there? :P

It sure is! I'm not telling anyone to correct their grammar or spelling. I could care less. I'm never going to be perfect nor do I expect anyone else to be.

[ihappy]

Cant we all just get along

[syedsufyan]

really...?

I don't think so.

[ugshotgun]

Mr. Swanson...please proof-read your articles next time, oh dear!! TYPO's from HELL!!

It sure is! I'm not telling anyone to correct their grammar or spelling. I could care less. I'm never going to be perfect nor do I expect anyone else to be.

ROFLMAO!!! Oh Crap, did I spell that right? Rolling on the floor, laughing my a** off, Yep, that's it!

[Mes]

We're all human. We all make mistakes.
What's most important is not our perfection, but how we deal with imperfection.

[ugshotgun]

Proofread your own post! Nice capitalization error/typo! It's "proofread" or "proof-read" by the way. FAIL!

Poseidon...In his defense, he's not a writer for ModMyI, so therefore, he cannot be held to the standard that we hold our writers for MMI! On a serious note, I could care less about how many errors Phillip makes, its just fun finding them! I kind of like it now, I've put away all my crossword books and just read through the writers articles here, in order to find the errors...its really fun, you should try it! LOL!!

[RICO_]

We're all human. We all make mistakes.
What's most important is not our perfection, but how we deal with imperfection.

Damn Dr. Phil....that's deep.

(***Waits for "that's what she said!" remark***).