Despite the fact that not only are current LTE chips too power-hungry and huge to fit into the iPhone without huge design and performance trade-offs, and the fact that the vast majority of the country has no 4G coverage, a lot of Apple’s Android competitors have been pointing their fingers and laughing at the iPhone over the last year for not embracing LTE.
Well, who’s laughing now? In response to profits that dropped 26% this quarter, HTC had admitted that making an early transition to LTE was a “big mistake.”