What? HTC was the largest manufacturer of Windows Mobile phones as early as 2006, when it was #3 in BusinessWeek's IT 100 (and #11 in 2005): http://www.businessweek.com/it100/2006/3.htm
The company's sales and market cap grew explosively in the years just before the iPhone launch in 2007. Since the iPhone launch, its stock is down 40%: http://www.google.com/finance?q=TPE:2498
Hrm, I stand corrected. There's a case of my own experience creating a bias. I don't ever remember seeing HTC products before the iPhone, and now I see them everywhere.
