Motorola joins the hard-luck club as sales and revenues take a tumble

Motorola joins the hard-luck club as sales and revenues take a tumble

The more things change the more they stay the same. Coming into the current round of quarterly financial results, you would have picked Apple, Samsung and HTC to have a good time of it, and the likes of Nokia, RIM and Motorola to suffer.

And that's exactly how it's worked out, with Motorola's figures confirming that things aren't going too swimmingly for the US phone maker.

Motorola used to be one of the biggest fish in the mobile pond – think back to those clamshell RAZRs – but things have been in decline for some time now. The jump onto Android with the Droid, or the Milestone as it's known in the UK, helped turn things around for a little while, but now it's back to the familiar steady decline.

It's the familiar story of softer sales and delays to key launches that we've seen so many times elsewhere. It did manage to ship 4.4 million smartphones, plus 440,000 tablets, in Q2, but overall it posted a $56 million loss, and predictably its shares are down as a result.

Moto has big hopes for its latest high-end handset, the Droid Bionic, but the problem at this stage is that it hasn't actually managed to get any out of the door, despite initial promises of a springtime launch.

Despite the disappointing results, Motorola says it should still pretty much hit its sales targets for the year.

Via Reuters

Read more about: Android

Add a comment

blizzard7  Jul. 30, 2011 at 12:16

Region specific naming needs to be locked away in a cupboard. Other than that, I do feel bad for old Moto, while their marketing is fairly good, they're handsets don't seem to get as much coverage on tech sites as the others do.

JanSt / MOD  Jul. 30, 2011 at 14:27

Since the RAZR, not a single Irish network offered any Motos ;)


You don't need an account to comment. Just enter your email address. We'll keep it private.