Monday, June 23, 2008

Beating Apple's New iPhone

HIGH TECH COMPUTER IS A LOT SEXIER than its name. The Taiwanese company launched its sleek Touch Diamond smartphone in London in May. The phone, a do-everything third generation, or 3G, model, combines the BlackBerry's professional features with an Apple-like touchscreen and a number of selling points the new Apple iPhone lacks.

Generic-sounding HTC also is carrying on with some powerful, better-known friends, through operating-systems partnerships with Google (GOOG) and Microsoft (MSFT).

If strong sales of its phones help High Tech generate double-digit earnings gains in the next couple of years, and possibly merit a higher price/earnings multiple

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