Motorola Mobility improves revenue, still posts a small loss

29 April, 2011 | Comments (18) | Post your comment

Motorola Mobility is out on its own in the world – Q1 of 2011 was its first quarter as an independent company. Its net revenue went up by a third year over year but Moto is still in the red. On the upside, the number of units shipped increased.

The Mobile Devices division of Motorola Mobility (they also have a Home division) reported $2.1 billion net revenue for the first quarter of 2011, up 30% from last year’s first quarter.

Moto shipped 9.3 million mobile devices, including 4.1 million smartphones and only 250,000 Motorola XOOM tablets. Last year those numbers were 8.5 million mobiles, only 2.3 million of which were smartphones (and no tablets then either).

However, this quarter Motorola Mobility posts an operating loss of $89 million – better than the $192 million loss of last year’s Q1 and within expectations, but still a loss nontheless. The next quarter, they expect to at least break even and maybe make a small profit.

Motorola Mobility acquired a company that specializes in enterprise mobile security and device management for Android and plans to integrates the technology into their own smartphones and license it out to other makers.

Source (PDF)


 

 

Motorola Mobility improves revenue, still posts a small loss - reader comments

  • MdN

I don't think they will - they have withdrawn or started withdrawing from Russia, Ukraine, Czech Republic, Hungary, and plan to go away from more European markets. The only Moto available in my country (Croatia) right now is Defy... and I can't affor...

  • Reply
  • 2011-05-02 04:11
  • MtrH
  • Anonymous

yes realy if motorola released droid x series for world wide they can get more and more profit

  • Reply
  • 2011-05-01 06:52
  • L6ZB
  • virender_nikk@yahooo

i want purchase a new motorola handset

  • Reply
  • 2011-05-01 06:22
  • 2WYG