Printed from http://www.electronista.com

Motorola turns slight profit ahead of Droid

updated 09:10 am EDT, Thu October 29, 2009

Motorola set to recover following Q3

Motorola landed a crucial victory today with word of a profit for its summer quarter. The company bounced back from its year-ago $397 million loss to a $12 million profit for the same season this year. Its actual cellphones shipped fell sharply from 25.4 million phones to just 13.6 million but were offset by help from cost cuts as well as boosts in sales for its networking equipment and enterprise-class hardware.

The shortfall in phones is estimated to put Motorola's market share at about 4.7 percent but isn't expected to stay as low in the near future due to the company's return to form in smartphones. During a conference call for the results, co-CEO Sanjay Jha acknowledged that sales were likely to be dipping as sales of old models ramped down but also expected sales to bounce back as the company finally releases its two promised smartphones based on Android. Yesterday, he had promised that Motorola would release at least 20 smartphones in 2010.

The American phone maker expects some help from the Cliq and its international variant, the Dext, but is placing the vast majority of its faith in the release of the Droid, whose launch is being treated as the most significant of the year by Verizon and should receive one of the largest advertising campaigns for a smartphone to date outside of Apple's iPhone.

Notably, no mention has been made of Windows Mobile devices, which used to be a staple of Motorola's lineup but now aren't expected to have a significant presence until at least the late 2010 launch of Windows Mobile 7 and possibly not until 2011.



By Electronista Staff
toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Logitech Hyperion Fury mouse

Selecting the correct gaming mouse comes down to finding a device that balances the needs of a user with a price they can afford. Ofte ...

Life n Soul BM211 Bluetooth speaker

Bluetooth speakers aren't only for listening to some music at the park or on a long bus ride, but can also be built with tablets in mi ...

Epson PowerLite Home Cinema 2030 projector

With high-definition televisions now the standard, 4K televisions becoming the next big thing, and plasma TVs going the way of the din ...

Sponsor

toggle

Most Commented

 
toggle

Popular News