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Motorola announces Q3 financial results: Smartphones selling like hotcakes, tabletsâ not so much
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| Motorola Mobility recently announced third-quarter 2011 financial results,
| posting net revenues of $3.3 billion, up 11 percent from third quarter 2010.
| Mobile device revenue came in at $2.4 billion, up 20 percent from Q3 of last
| year. Motorola smartphones have been flying off shelves, with 4.8 million
| smartphones shipped in Q3 of 2011, up 1 million from Q3 of last year. On the
| flip side, Motorola's XOOM tablet hasn't been doing so well, with only 100,000
| XOOM's shipped in Q3 (apple ships that many iPads a day). There's also a few
| tidbits in there about the Motorola/Google merger, with around 18 million in
| expenses going towards the merger, which will seek stockholder approval on
| November 17th. The merger will also require antitrust clearances in the U.S.,
| by the European Commission, and in Canada, China, Israel, Russia, Taiwan and
| Turkey.
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http://www.androidguys.com/2011/10/28/motorola-announces-q3-financial-results-smartphones-selling-like-hotcakes-tablets-not-so-much/
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