Profits in free fall, HTC sees salvation in Facebook, One phones

HTC said delays in the shipment of its flagship One smartphone contributed to a more than 90% decline in first-quarter profit, but the Taiwanese smartphone maker is counting on a one-two punch to recover this quarter. AT&T will have exclusive U.S. rights to HTC's First, the maiden effort of Facebook's Home platform, which the carrier will begin selling for $99 on April 12. HTC also hopes that its April 19 U.S. launch of the One phone will spark a comeback. To that end, the vendor on Friday released its multimedia marketing campaign for the One under the tagline "Everything Your Phone Isn't."

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