Hey, you there, Mr. Analyst
You gotta keep my name out of this, but it's big, really big and wanted you to get the scoop. Here is is: You know HTC, the mobile phone hardware guys? Yeah, so they're in a lot of financial trouble. They had a nice thing going as a repair service provided, big bucks, way bigger margins than in new hardware, but they wanted to see their name in lights. So they started making their own phones running Android, but they had absolutely no idea what they were doing! Can you believe that? They couldn't even start their new operations successfully, fell flat on their faces.
Yeah, it gets worse. Their implementation of hardware and software was horrendous. Highest 3-day return rate in Verizon & AT&T history. And they couldn't even fix their own equipment! They forgot how to repair things. Their repairs were done by a 3rd party! They outsourced their core competency!
Anyway, the key guys already bailed, but a lot of people are going to catch hell. They've already targeted a few people who had no place to go and couldn't leave. Yeah, they're going to charge them with bribery and fraudulent expense claims! Can you believe that? It's about $1M and they're blaming these guys for problems. Ha! They could have saved a lot of money by just giving everybody in the company $1M cash, each, and going home. HTC is so broken $1B wouldn't help them.
Now they're pointing fingers, if you've got any interest in that company get out now. That horse is dead.