Disqus
We’ve almost missed this one, but since it’s important, we’re running it nonetheless.
Apparently, while HTC’s marketshare and profits are rising, things are not going that smoothly for the Windows Mobile smartphone maker – i-mate. Recently, the company’s CEO Jim Morrison stated that they plan to have the company de-listed from London’s AIM stock exchange and effectively make it privately owned. This move will save i-mate some $2 million in listing expenses.
Back in March, i-mate laid off most of its U.S. staff in an effort to cut costs and the company recently reported a loss of $10.8 million for the prior 6 month period. The U.S. offices were established as part of a planned assault on the North American market that never materialized…
[Via: MobileBurn]
About The Author
Dusan Belic
Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.
