Going far deep in Q4 2010 financial reporting season, Motorola is all set to deliver its figures, and the freshly independent Mobility arm is the latest to step up.
The total revenue during the past three months reached around $3.4 billion, marking over an increase of 21 percent year-on-year, while it’s quiet astounding to know that the net revenue from mobile devices was $2.4 billion, up by 33 percent year-on-year. Also, handset shipments appear to be real healthy as the figure sits at a staggering $4.9 million.
These figures really disappointed Wall Street estimators; however the collective expectation, according to MarketWatch was $5.2 million. The net profit of $80 million is barely worth considering (for a company of it’s size).
Just like telling water to net get wet, Motorola have predicted that the first quarter of season 2011 will end with the loss of 9 and 21 cents per share in terms of net. Well, reiterate to say that, enjoy the sunshine of Moto and just forget about the ruinous rainclouds of tomorrow.
Source: Engadget
