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Motorola Droid Smartphones Lead to 3Q Profit

By CIOinsight  |  Posted 10-28-2010 Print
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.


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