Motorola Droid Smartphones Lead to 3Q Profit

By CIOinsight  |  Posted 10-28-2010
Print this article   Print this article
Motorola's Android-based Droid X and Droid 2 helped buoy the handset maker to a $109 million profit for the third quarter. Revenues hit $4.9 billion, up 13 percent from Q3 2009.

Motorola's bet on Google's Android operating system paid off again in 3Q 2010, as the company reported a $109 million profit well above the $12 million earned in 3Q 2009. Motorola's revenues hit $4.9 billion, up 13 percent from 3Q 2009.

Motorola's mobile device segment sales topped $2.0 billion, up 20 percent from 3Q 2010, and reaching profitability for the first time in more than three years Sanjay Jha, Motorola co-chief executive officer, said in a statement.

These sales were helped by the 3.8 million smartphones Motorola shipped, led by the Droid X and Droid 2.

Motorola's biggest bests may come in 4Q 2010 when it plans to roll out the Droid Pro on Verizon's network, along with five other devices as part of its holiday lineup of Android smartphones.

Designed for enterprises, the Android 2.2-based Droid Pro includes remote wipe of device and SD card and complex password support.

CIO
INSIGHT
POLL
CIO
INSIGHT
VIDEO
  • The Role of Standards in Cloud Security

    Security is often cited as a primary cause for concern...

    Watch Now
  • Ensuring Resources for Mission Critical Workloads

    Application workloads can thrive in cloud environments,...

    Watch Now
  • Improving Security in the Public Cloud

    One of the main concerns about moving data to a public...

    Watch Now