Motorola releases Q2 results, phone sales down by 6%

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The mobile phone maker Motorola (previously the biggest manufacturer) has released its second quarter results. The company stated that they have earned $162 million this quarter, way ahead of the earnings at the same time last year which was a mere $

CJ: Alex White

Thu, Jul 29, 2010 20:53:26 IST

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Motorola Mobile Phones :

THE TELECOM sector is seeing a boom with Apple, RIM, AT&T etc. showing profits in second quarter. But same is not the case for once the largest cell phone manufacturer of the US. Motorola has released its second quarter financial results today which bring a mixed reaction.

Though the data above makes Motorola happy but the overall result is a mixed one. The phone maker posted the overall sales figure at $5.4 billion which is lesser than last year’s $5.5 billion at the same time.

Another bad news is that company’s mobile sales have dropped by 6% to $1.7 billion. This is an area where the company needs to consolidate. Apple has taken a large market share of US smartphone customers, RIM is another powerful competitor. Motorola has brought some revolutionary smartphones with likes of Android powered Droid X to the US market.

Apple and RIM operate upon their own mobile OS but Motorola has stiff competition from HTC who is rolling out Android powered handsets every now and then. Motorola too prefers Android as the mobile device’s OS.

Earlier, when the cell phone sales went down for Motorola, they have decided to concentrate upon the smartphone segment to get a grip over market. Some good phones dubbed as iPhone-killers were brought to the market by Motorola but it seems that hasn’t helped the company.

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