Feeds

Motorola's Q3 doesn't cut it

Wall St slashes Razr vendor

SANS - Survey on application security programs

Motorola took a kicking yesterday night when analysts decided a 17 percent rise in third quarter sales just wasn’t enough.

The comms vendor turned in revenues of $10.6bn for the quarter ending September 30, up 17 per cent on the year. However, Wall St’s spreadsheet meisters had been expecting $11.07bn.

Motorola’s forecast for the fourth quarter didn’t give them any further cheer – its expects revenues of $11.8bn to $12.1bn, and didn’t give an earnings forecast. The Wall St consensus, as of yesterday afternoon, is for $12.1bn with earnings per share of $0.39.

Earnings at the company were $968m, down from $1.8bn. However, Motorola said this in line with expectations.

Chairman and CEO Ed Zander said GSM infrastructure sales had been weaker than expected in the quarter, due to delays in capital spending.

Sales at its mobile devices segment were up 26 per cent to $7bn, with operating earnings of $819m. The networks and enterprise segment turned over $2.78bn, up slightly on the previous year, with operating earnings of $378m. Connected home solutions, whatever they are, brought in $812m, up 9 per cent, with operating earnings of $21m.®

3 Big data security analytics techniques

More from The Register

next story
A black box for your SUITCASE: Now your lost luggage can phone home – quite literally
Breakfast in London, lunch in NYC, and your clothes in Peru
Broadband Secretary of SHEEP sensationally quits Cabinet
Maria Miller finally resigns over expenses row
AT&T threatens to pull out of FCC wireless auctions over purchase limits
Company wants ability to buy more spectrum space in auction
EE dismisses DATA-BURNING glitch with Orange Mail app
Bug quietly slurps PAYG credit - yet EE denies it exists
Like Google, Comcast might roll its own mobile voice network
Says anything's possible if regulators approve merger with Time Warner
Turnbull leaves Australia's broadband blackspots in the dark
New Statement of Expectations to NBN Co offers get-out clauses for blackspot builds
Facebook claims 100 MEEELLION active users in India
Who needs China when you've got the next billion in your sights?
Facebook splats in-app chat, whacks brats into crack yakety-yak app
Jibber-jabbering addicts turfed out just as Zuck warned
prev story

Whitepapers

Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.