Motorola Reports 84% Drop In Net Income

Posted: Jan 23 2008, 9:00am CST | by , Updated: Aug 11 2010, 5:49am CDT, in News | Technology News

 
Motorola reports 84% drop in net Income
/* Story Top Left 2010 300x250, created 7/15/10 */ google_ad_slot = "8340327155";

Don't Miss: This How to find Fingerlings in Stock

Motorola reports a steep drop in net income in the fourth quarter.

Motorola reported a net income of $100 million, down from $623 million a year earlier.
Motorola shipped 40.9 million handsets, which is steep decline when comparing it to the 65.7 million a year earlier.
Motorola sees slowing demand for their phones and says that this might continue in the next quarter.
The problem is that Motorola somehow can not find a way to continue the tremendous success they had with the RAZR. The success of the RAZR lies not in the naming of the phones e.g. PEBL, SLVR, etc.

More details on the WSJ and in this Motorola earnings release.

Holiday Gift Guides and Deals

Get your Holiday gifting inspired by Best Toy Gifts with High STEM Value and the Top 10 toy gifts under $10 if you are on budget. The most popular Holiday 2017 toy list include Fingerlings, Crate Creatures and more. Don't miss the new Holiday deals on Amazon Devices, including $29.99 Fire tablet.

This story may contain affiliate links.

This free App Solves You Holiday Shopping Problem


Download the free Tracker app now to get in-stock alerts on Fingerling, Luvabella, SNES Classic and more.

Latest News

Comments

The Author

<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr () is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com.

 

 

Advertisement

comments powered by Disqus