GPS News  
POLITICAL ECONOMY
Motorola mobile division expects first quarter loss

by Staff Writers
New York (AFP) Dec 1, 2010
US handset maker Motorola said Wednesday it expects to ring up another loss in its mobile phone division next quarter.

"We expect a loss in mobile devices in Q1," Motorola co-chief executive Sanjay Jha told financial analysts, although he said he expected it would be "significantly improved from a year ago."

As for the current quarter, Jha said it is "proceeding quite well."

Motorola's mobile phone division reported a 20-percent increase in revenue to two billion dollars last quarter and an operating loss of 43 million dollars compared with an operating loss of 216 million dollars a year ago.

Motorola Mobility, the mobile phone division, is to be spun off from the rest of the company on January 4.

Motorola Mobility will focus on the media, mobility, Internet and computing markets while Motorola Solutions will target next-generation communications solutions to government, public safety and enterprise customers.

Jha said tablet computers such as Apple's popular iPad will present "a very important growth opportunity for us."

"There's a race to the bottom for some players," he said. "You will not see us participate in this race to the bottom."

Jha said investment in building the Motorola brand in Europe was not a priority right now. "I'm slowly building my base in Europe," he said. "I need to get to a much better position financially before I contemplate that."

Motorola enjoyed success with its popular Razr phone launched in 2005 but has been losing ground since to Apple, Canada's Research in Motion, maker of the Blackberry, and other major cell phone manufacturers.

Jha has been counting on smartphones running Android to help turn around the company's flagging fortunes and Motorola has launched around two dozen Android-based devices this year.



Share This Article With Planet Earth
del.icio.usdel.icio.us DiggDigg RedditReddit
YahooMyWebYahooMyWeb GoogleGoogle FacebookFacebook



Related Links
The Economy



Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News


POLITICAL ECONOMY
China launches second yuan bond issue in Hong Kong
Hong Kong (AFP) Dec 1, 2010
China says its second yuan-denominated bond issue in Hong Kong has initially raised five billion yuan (750 million US dollars), as Beijing tries to internationalise its currency. Strong interest pushed demand to almost 10 times the offering's allotment for institutional buyers, with another three-billion yuan worth of two-year bonds to be offered to retail investors from December 7-14, China ... read more







POLITICAL ECONOMY
Climate change to worsen food security, UN talks told

Gene Transfer From Transgenic Crops: A More Realistic Picture

Predatory Bugs Can Save Cornfields

Argentina, China sign 'historic' farm trade deals

POLITICAL ECONOMY
Manufacturing Made To Measure Atomic-Scale Electrodes

Short Light Pulses Will Enable Ultrafast Data Transfer Within Computer Chips

Chaogates Hold Promise For The Semiconductor Industry

Caltech Physicists Demonstrate A Four-Fold Quantum Memory

POLITICAL ECONOMY
Cathay Pacific chief nominated to take helm of IATA

Rolls-Royce troubled by engine blowout

Brazil eyes Boeing, Airbus aviation market

NASA awards contracts for 'green' airliner

POLITICAL ECONOMY
Volvo, Geely in China plant talks

Nissan sets December 20 launch date for electric Leaf

Can Lima unclog its traffic nightmare?

Nissan hopes zero-emission Leaf will electrify drivers

POLITICAL ECONOMY
Chinalco, Rio Tinto sign deal to explore resources in China

WTO raps EU for measures on Chinese metal fasteners

Sarkozy eyes defence, nuclear contracts in India trip

Lula's flawed leadership laid bare by leaks

POLITICAL ECONOMY
Fight climate change with bamboo, says campaign group

Amazon deforestation rate at historic low: Brazil

Managing wood to carve a strong community

Mexico Forest Communities Excel In Capturing Carbon

POLITICAL ECONOMY
Novel Services For Tropical Forest Monitoring With Satellite

Two New Earth Observation Missions Chosen For Further Study

Express Map Delivery From Space

GOES-13 Looks At Thanksgiving Travel Conditions

POLITICAL ECONOMY
Slovak lawmakers slap 80 percent tax on carbon credit sales

How To Soften A Diamond

Pink diamond sold for 23 million US dollars at auction

Carbon price by 2011, Australia chief says


The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement