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Android Helps Motorola's Mobile Devices Quarterly Profits

Douglas Carter
0

Motorola announced their Q2 numbers today, and it is a different story than the dismal numbers we were seeing back in late April. Engadget reports that "Earnings were $162 million, up from $26 million this time last year." Motorola themselves write in their press release that "“In the second quarter, our Enterprise Mobility Solutions and Networks businesses continued to deliver best-in-class market leadership and financial returns, with strong operating earnings and excellent cash generation.”

Engadget also notes that Motorola received $228 million in a legal settlement that they believe came from RIM, makers of the Blackberry..

Android Central adds that "CEO Sanjay Jha said he expects sell between 12 million and 14 million smartphones by the end of the year, and Motorola should have released more than 20 models worldwide."

Motorola points out that the launch of the Droid X, i1, FLIPOUT, and CHARM in the last quarter were highlights and important to their business.

Phandroid mentions that:

Of the 8.3 million handsets shipped in the second quarter, 2.7 million of those run the Android operating system. According to Reuters, Motorola surpassed Wall Street’s expectations for the quarter (even if only by a small amount) meaning they continue to remain on the right track.

Here is the official press release from Motorola, if you feel like digging through all the numbers.

Other Sources: Android Central, Engadget, Phandroid

Image from Android Central

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