Feeds

Motorola's Zndr toasts record Q3

Hello, Ed

Remote control for virtualized desktops

Motorola claimed 19 per cent of the worldwide market for mobile phones, its highest share for some years in a booming third quarter.

The company reported record earnings of $9.42bn, up from $7.5bn in Q3 2004, and net earnings up almost fourfold to $1.75bn from a year ago.

Tumescent mobile sales accounted for most of the growth. The phone division grossed $5.6bn, up 41 per cent from last year, and made up almost 60 per cent of Moto's entire business. The company shifted over 38m mobile devices in the period, gaining a percentage point of share quarter-on-quarter.

The strategy of misspelled brand names that's been so successful with the Razr phone, and less so with the Rokr, looks set to continue. Motorola will unleash the Pebl and the Slvr this autumn.

Motorola's CEO Ed Zndr, said it was a ringing endorsement of Motorola's "seamless mobility", a tagline appropriate for a catsuit manufacturer.

Networks grew 7 per cent year on year grossing $1.56bn, and solutions 4 per cent to $1.62bn. The smallest division, home consumer electronics, grew by 28 per cent, earning Motorola $710m.

Motorola has been buying back shares and writing off debts, and finished the quarter with $8.4bn cash in the warchest. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
Lawyers mobilise angry mob against Apple over alleged 2011 Macbook Pro crapness
We suffered 'random bouts of graphical distortion' - fanbois
Just don't blame Bono! Apple iTunes music sales PLUMMET
Cupertino revenue hit by cheapo downloads, says report
US court SHUTS DOWN 'scammers posing as Microsoft, Facebook support staff'
Netizens allegedly duped into paying for bogus tech advice
Feds seek potential 'second Snowden' gov doc leaker – report
Hang on, Ed wasn't here when we compiled THIS document
Verizon bankrolls tech news site, bans tech's biggest stories
No agenda here. Just don't ever mention Net neutrality or spying, ok?
Inside the EYE of the TORnado: From Navy spooks to Silk Road
It's hard enough to peel the onion, are you hard enough to eat the core?
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Website security in corporate America
Find out how you rank among other IT managers testing your website's vulnerabilities.