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Motorola Solutions profit beats on strong govt spend

Motorola Solutions profit beats on strong govt spend

Motorola Solutions profit beats on strong govt spend
News from Reuters:

People pass by the Motorola booth during the 2011 International Consumer Electronics Show (CES) in Las Vegas, Nevada January 7, 2011.

Credit: Reuters/Steve Marcus

Wed Apr 25, 2012 1:28pm EDT

(Reuters) – Communications equipment maker Motorola Solutions Inc’s (MSI.N) quarterly profit beat expectations on strong sales of its two-way radios and public-safety products to government customers.

The company’s shares, which have risen 8 percent since its fourth-quarter results in January, jumped another 6 percent to $ 51.45 on Wednesday on the Nasdaq.

The company’s strong performance and the recent run-up in its share price indicate it is emerging from the shadows of its headline-grabbing sister Motorola Mobility Holdings Inc (MMI.N).

Motorola Inc, faced with steep declines in sales of its mobile phones, spun off its consumer-oriented, phone and set-top box business into Motorola Mo…………… continues on Reuters

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Related News:
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Motorola DROID 4, RAZR and BIONIC modded for AT&T and T-Mobile
News from Android Community:

North and south. Yankees and Red Sox. GSM and CDMA. Never shall the two join – until now. Some of the tireless modders over at XDA have found that Motorola’s recent hardware for Verizon features global GSM roaming bands (not unlike the HTC Rezound). With a little hacking, they found that these LTE devices could accept SIM card from AT&T and T-Mobile, making them transferable to a huge portion of American carrier customers.

The phones confirmed to work thus far are the DROID BIONIC, DROID RAZR and DROID 4, all of which use SIM cards to access Verizon’s LTE network. (The DROID RAZR MAXX should work too.) Of course, you wont’ be getting LTE speeds if you hack these phones for other carriers – in fact, you won’t even be getting 3G. Because of the difference in wireless bands, data is limited to the EDGE (2G) network. On the plus side, calls and texts work without a h…………… continues on Android Community

… Read the full article

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