Are the smartphone divisions of Motorola, LG and Sony still operating at a loss? I wonder how long these companies will continue to throw money at a market they seemingly can't compete in.
LG, Sony and HTC are making modest amounts of money on phones. HTC has nosedived to that level and the other two have turned around losses to be there. They need to do better, but they have little reason to pack it in.
http://allthingsd.com/20130705/htc-profit-misses-expectation...
They're still profitable, but for how long? If they don't engineer a turnaround, they'll be solidly in the red a year from now.
At that point, they have plenty of reasons to pack it in.