Disqus
Following too many quarters of red ink-stained balance sheets, Motorola has today posted a profit. Motorola’s Q2 2009 saw a net profit of $26 million, an increase from $4 million in the previous year’s Q2. Compared to Motorola’s Q1 loss of $231 million, the company’s fortunes seem to have come around. Part of the profits for Q2 can be attributed to lower operating costs and less cash-burning by Motorola’s mobile phone division, which lost $253 million on revenue of $1.8 billion.
Motorola is still planning to bring new Android smartphones to market by the holiday shopping season. With Motorola’s Android smartphones leaking left and right, it’s evident that Motorola’s mobile arm is betting on the still-new smartphone operating system to help stabilize the company’s dwindling market share. With a little luck (and a whole bunch of good designs), Motorola will soon be selling considerably more than the 14.8 million handsets it shipped in Q2 2009.
[Via: Yahoo]
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...
