1/29/2010 1:29:00 PM
Motorola continues to struggle
Motorola said yesterday (28 January) that its mobile phone division had continued to struggle in Q4, despite aggressive cost cutting and the launch of two Android devices.
The company shipped 12 million devices during the quarter ended 31 December, including 2 million smartphones. Its global marketshare was 3.7% - down from 21% only a few years ago.
Sales fell 22% to $1.8bn (£1.1bn), compared with the same period one year earlier. Its operating loss narrowed to $132m (£81m), compared with $595m (£368) the year before.
The manufacturer said it would swing into profit for the first time in four years in the fourth quarter of this year. It added that it expects to ship between 11 million and 14 million smartphones in 2010, which commentators said was an unexpectedly low number.
The company plans to launch 20 Android-powered handsets this year.