Disqus
Sometimes a changing of the guard is exactly what the corporate-doctor ordered. With the recent announcement that CEO Ed Zander will be taking off on January 1st, and CTO Warrior’s abrupt resignation, Motorola’s future is starting to take on a shimmer – a profitable glow, if you will. Motorola has announced that they are expecting a positive fourth-quarter for 2007.
In an effort to calm investor worries over the recent management shake-up, Chief Financial Officer Tom Meredith confirmed operating revenues of 12 to 14 cents per share – which can be attributed to Motorola’s shift in focus from market-share growth to profitable growth. Nokia and Samsung have been eating away at Motorola’s market-share, and it seems that Motorola’s focus on making money rather than recapturing lost market-share has been a positive move.
Good for you, Moto. We’re looking forward to all those new handsets that you claimed were on the way for 2008.
[Via: Reuters]
About The Author
Will Park
Will hails from The City of Angels - Los Angeles, California. He spends his time playing with his numerous gadgets and looking forward to seeing what future holds for mobile technology. An avid promoter of a fully "digital" life, he promotes the widespread adoption of truly mobile, paper-less living. He dreams of the day when he can go completely digital. No more snail mail, paper receipts, bound books, notepads/spiral notebooks, credit cards, hard currency. He's a digital warrior - fighting for the converged life. He is an idealist and a realist - he has a perfect view of what the world should be but knows that the world is not perfect. Can we ever hope to see Will's dream become reality? We'll see...
