Motorola Inc., the U.S. mobile-phone maker, reported third-quarter
earnings that beat analysts’ estimates and a revenue increase
for the first time in almost four years on rising sales of its
I think you can make the case that Android saved Motorola’s mobile phone business. But:
Sales from its handset business climbed 20 percent to $2 billion
last quarter, helping to narrow its loss to $43 million from $216
million a year earlier. The division had an operating profit,
excluding some charges, of $3 million. Motorola said it shipped
3.8 million smartphones last quarter, beating Thornton’s
estimate of 3.6 million units.
Shouldn’t they be more profitable? $3 million in profit is less than a dollar per smartphone sold. What am I missing here?
★ Thursday, 28 October 2010