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Motorola Mobility beats Q3 estimates; Android phone sales remain strong …

Motorola Mobility beats Q3 estimates; Android phone sales remain strong …

Motorola Mobility beats Q3 estimates; Android phone sales remain strong …
News from BGR:

Motorola on Thursday reported third-quarter earnings that beat analyst estimates thanks to strong sales of the company’s Android-powered smartphones. Motorola doubled Wall Street’s EPS estimate of $ 0.06, reporting earnings of $ 0.12 per share in the September quarter. The company earned $ 0.13 per share in the third quarter last year. Revenue of $ 3.3 billion was up 11% from the third quarter last year, but it narrowly missed analysts’ expectation of $ 3.4 billion. Revenue from device sales last quarter totaled $ 2.4 billion, up 20% year-over-year. The vendor shipped 11.6 million devices including 4.8 million smartphones and just 100,000 XOOM tablets, and operating losses totaled $ 32 million compared to $ 34 million in the same quarter last year. Motorola shipped 400,000 XOOM tablets last quarter and 250,000 units in the first quarter of 2011. Motorola Mobility chairman and CEO Sanjay Jha noted in a statement that the company continues to make progress toward closing
… Read the full article

Related News:
Hands-on with the new Motorola RAZR
News from PC World Magazine:

The new Motorola Razr smartphone.

Motorola has resurrected its iconic RAZR brand in a bid to resurrect some of its former glory. The result is the all-new Motorola RAZR: an Android smartphone that claims to be the thinnest in the world at just 7.1mm thick. We’ve just got our grubby mitts all over the RAZR, so how does it stack up?

• Motorola RAZR preview
• New Motorola RAZR exclusive to Optus, coming soon

First things first, the name. Motorola is clearly betting on the RAZR brand in a bid to boost sales. The RAZR, originally a flip phone, sold over…………… continues on PC World Magazine
… Read the full article


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