It's earnings time again, Motorola recently announced their third quarter 2005 figures. Quite impressive is the market share gains thanks to the still hot RAZR. The single phone model has sold over 12 million units to date, of which over 6.5 million were in the third quarter alone!
Important numbers of the quarter (all comparisons are year-over-year):
Motorola is still well behind Nokia in terms of global marketshare, but it has increased its lead on Samsung.
I'm intrigued as to how they come by this success. Compared with the latest models from Nokia and Sony Ericsson, Motorola's current line up is looking seriously tired and already dated, yet here they are posting record profits. Obviously doing something right, I guess.
Good for Motorola.
" I'm intrigued as to how they come by this success. Compared with the latest models from Nokia and Sony Ericsson, Motorola's current line up is looking seriously tired and already dated, yet here they are posting record profits. Obviously doing something right, I guess. "
While their lineup has been around for a while they have been successful by having GOOD/BETTER/BEST solutions for customers. They can apeel to a variety of consumers who want simple phones to a handset with everything.
Yep, this is Motorola's 19th consecutive quarter of positive cash flow.