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Remember Motorola’s last year financial results? Motorola was suffering a lot as but things have changed now. The company has hot new phones and the future looks a lot brighter than it did last winter. The financial report for Q3 2009 is in and it shows some good numbers. Net income rose to $12 million compared to last year catastrophic $397 million loss.

Revenue dropped to $5.45 billion compared to $7.48 billion in Q3 2008. Mobile devices sales dropped 46% to $1.7 billion while mobile market share is down to 4.7%. Remember that Motorola didn’t have any hot phones to sell this year so numbers could be a lot different next year. Are you ready to buy Motorola stock?

via Motorola

Tags: Financial Results, Motorola, Motorola, Q3
  • 1 Comment
  • Filed under: Motorola
  • We’re a long way from Q3 2009 but at least we can rest assured that Huawei’s Android handset is on the way. The company has confirmed it already and we’re waiting now for more news about the phone. We have no idea what country will it be released in and what carriers are going to be picking one up. But we’re really interested to see if Huawei can surpass HTC when it comes to building Android handsets.

    via unwired

    Tags: 2009, Android, Google, HTC, HTC, huawei, Other Brands, Q3

    Sony Ericsson Looses on Q3 2008

    Sony Ericsson admitted that they lost around £19.4 million in Q3 of 2008. They are the first handset vendor to admit to having taken a clobbering this year. It’s partly due to its reliance on Europe but more on a severe decrease in the Average Selling Price (ASP) for handsets. SE, however, predicted that its Walkman brand would help shore up sales but the C902 Cybershot camera-phone is the surprise hit model of the quarter. The company also is due to launch Playnow with Telenor in Sweden during Q4 2008 with a special edition of the  with Playnow built-in. It has also introduced three new Walkman phones including its first models with integrated Youtube support (W595, W902, G705).

    Despite this terrible news, SE still managed to ship 25.7 million units in Q3 2008 and says its market share remains about flat at eight per cent. That will keep it in the number five slot unless Motorola does even worse. Sony Ericsson forecasts that the global handset market for 2008 will grow at a rate of around 10 per cent from more than 1.1 billion units in 2007. The catch is that a lot of these handsets are going to emerging markets.

    Tags: 2008, Cell Phones, Ericsson, Mobile News, Mobile Software, Q3, Sony, Sony Ericsson




     

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