Motorola’s a bit of a strange one, as far as mobile manufacturers go, largely focusing on the US but recently being acquired by Android-owning Google.
We heard earlier that Google’s financial Q3 results weren’t up to expectations, and the finger is being pointed – at least in part – at Motorola. Google CFO Patrick Pichette discussed Moto on their Q3 earnings call.
It’s been a mere five months since Google’s $12.5 billion acquisition of Motorola was finalised, and Patrick stresses that things are very much in the early stages.
Patrick yelled: “Look, we're really pleased with Motorola's progress in its first 150 days. As indicated in our public filings, our team has made a lot of operational changes, we harmonized and narrowed the product portfolio, [undertook] streamlining of software operations, and we scaled back the markets in which we operate.”
Pat continues: “That said, we're just at the beginning of the Motorola-Google story, and we should expect, as I mentioned before, results from this segment to be quite variable for quite a while yet.
“Remember that we inherited an entire product pipeline where hardware business cycles are typically 12 to 18 months.”
Well, that goes some way to explaining Motorola launching three new Razr smartphones with Ice Cream Sandwich (Android 4.0) just last month. Ahem.