Monday, August 3, 2009

Motorola posts $26m Q2 profit, promises cheap Android thrills, does a little dance

src="http://www.blogcdn.com/www.engadget.com/media/2009/07/happy-motorola-face.jpg" />See
that image there on the right? Yeah, it's a pretty drastic
departure from the
Sad Moto™ face that had become href="http://motorola-news-blog.blogspot.com/2009/01/motorola-to-lay-off-4000-starting.html">
all too common when talking about the company's financials.
Just a quarter after posting a dreadful
$291 million loss, the outfit responsible for creating the RAZR and then doing
nothing for half a decade is finally showing a profit once more.
The Q2 numbers show an "unexpected" $26 million profit on sales of
$5.5 billion, $1.8 billion of which came from the handset division.
Of course, that very division managed to lose $253 million and see
its
global market share slip to 5.5 percent, but with a big bang
from Android reportedly just
months away, CEO Sanjay Jha ain't taking time to frown.



Just hours after the Verizon-branded
Sholes smartphone surfaced, Mr. Jha was quoted as saying that
two Android devices would be "in stores for the holiday season,"
with launches occurring on "two major carriers in North America and
multiple carriers outside the US." He also noted that plans were in
place to ship "several additional Android-based devices in the
first quarter of 2010," but details beyond that were vague. So, is
this the beginning of a new, happier Moto? Our aged copy of
Photoshop certainly hopes so.



href="http://mediacenter.motorola.com/Content/Detail.aspx?ReleaseID=11645&NewsAreaID=2">
Read - Motorola's Q2 results

href="http://tech.yahoo.com/news/zd/20090730/tc_zd/242753">Read
- Jha on future Android devices


[ Via: Engadgetmobile ]

No comments: