By Allen Tsai | Thu Jan 28, 2010 9:56 pm |
Motorola showed some signs of life by swinging to a fourth-quarter profit, as it outlined plans to launch 20 smartphones, including a Google-powered phone sold directly to consumers, in the coming year.
The Schaumburg, Ill.-based company posted strong sales of the new phones -- the Cliq for T-Mobile and the Droid for Verizon -- shipping 2 million units for a October-December profit of $142 million, turning around a $3.6 billion loss from a year ago.Motorola is rapidly expanding in its portfolio of smartphones -- planning to release around 20 this year alone -- including another Google device sold directly to consumers. "The reception to our smartphone portfolio has been positive," said Sanjay Jha, Motorola's co-chief executive. "Today, I have greater confidence in our ability to execute on our plans." Jha added that MotoBlur, its social networking-focused user interface, would be added in the majority of its new devices. But looking ahead, Motorola faces fierce competition from Apple's iPhone and Research in Motion's BlackBerry devices, and new challenges from other Android-powered device from LG and Samsung, including Google's own Nexus One, all vying for a piece of the fast-growing smartphone market. The company reiterated that it plans to spin off its embattled handset division, but timing of the split will largely depend on how quickly the tough economic conditions improve. Motorola's announcement comes after positive quarterly reports from Apple, LG Electronics, Nokia and Sony Ericsson, signaling a turnaround in the weakened handset market in the year ahead.
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Thu Feb 09, 2012 3:20 pm | By
U.S. regulators are close to approving Google's $12.5 billion purchase of Motorola, putting the Android maker one step closer to forming a partnership that may change alliances in the industry.
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Thu Feb 09, 2012 1:55 pm | By
Google is changing its privacy policy amid mounting challenges from U.S. watchdogs and lawmakers, underscoring the fight to protect personal data online.
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Thu Feb 09, 2012 1:29 pm | By
Google is prepping a cloud-based service, called "Drive," to compete in the fast growing business of virtual storage.
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Thu Feb 09, 2012 12:56 pm | By
Google aims to take a percentage of every iPhone sold after completing its Motorola acquisition, raising questions over whether current patent fair use standards support fair business practices.
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Thu Feb 09, 2012 12:30 pm | By
Mobile payments are far from secure, as a Google Wallet security breach illustrates even major mobile companies struggle to protect privacy.
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