Got a set-top box fetish and a few billion dollars to blow on it? Then boy, does Motorola have a deal for you. “People familiar with the matter” tell The Wall Street Journal that the company is seeking a buyer for its home and networks mobility division, which makes set-top boxes and other kit for the cable and telecom industry.
Droid, Motorola’s most anticipated cellphone since the launch of the Razr in 2004, arrived at market today, to a warm reception by most accounts. Some 2,000 Verizon Wireless stores opened early this morning, many to lines–though admittedly, the lines are far shorter than those that accompanied the launch of certain rival devices.
Motorola’s ambitious turnaround strategy is beginning to pay off. Posting earnings this morning, the company said it managed a surprise profit in the third quarter, despite a decline in revenue. For the period, the troubled handset maker reported a profit of $12 million, or a penny a share, compared with a year-earlier loss of $397 million, or 18 cents a share. Sales fell 28 percent to $5.45 billion from $7.48 billion. Not the prettiest of quarters, but that penny-a-share profit beat the consensus estimates of analysts, who had expected the company to simply break even.
Verizon uncrated its latest iPhone challenger Wednesday morning, introducing the new $199 Motorola Droid, and it already has analysts buzzing about the life it may breathe back into Motorola, whose share of the phone market dropped by nearly half in the second quarter from 10 percent a year earlier.
The Cliq, Motorola’s first phone based on Google’s Android operating system, is headed to market and will arrive there Nov. 2. Sales to existing customers will begin Oct. 19 and open to the general public Nov. 4. T-Mobile USA has priced the handset at $199 with a two-year contract, which seems a bit dear considering you can get a 16GB iPhone 3GS for the same price.
Motorola has finally announced its bet-the-company Android handset. At GigaOM’s Mobilize 09 event in San Francisco this morning, Sanjay Jha, Motorola’s co-CEO and CEO of the company’s handset division, uncrated the CLIQ, a device it describes unremarkably as the “first phone with social skills.”
When Motorola announces its new Android handsets at a scheduled Sept. 10 event in San Francisco, AT&T isn’t likely to be among their carriers. Sources close to the company tell MKM Partners analyst Tero Kuittinen that AT&T balked at Motorola’s Sawgrass and Heron handsets, allegedly because of their dated display technology.
Looks like Motorola is poised to make good on co-CEO Sanjay Jha’s promise to bring some Android devices to market by the holidays. The company just distributed invitations to an Android-related event in San Francisco.
The first Android phone intended for AT&T may be scrapped before it’s ever released. Developed by HTC, the “Lancaster” had been scheduled to arrive at market this summer. But industry sources tell DigiTimes that the device hasn’t yet passed AT&T’s validation process and will be delayed or perhaps even abandoned.
Looking over Motorola’s latest earnings, it’s hard to imagine that the company once claimed more than a fifth of global handset sales. Reporting a surprise second-quarter profit of a single cent per share this morning, Motorola said it shipped 14.8 million phones last quarter–down nearly 50 percent year-over-year.
Is Google’s Android OS a panacea for the decrepitude and irrelevance that are now the hallmark of Motorola’s handset division? The company is betting that it is. “People familiar with the matter” tell The Wall Street Journal that Verizon and T-Mobile USA both plan to offer Motorola handsets running the OS by the end of the year.
Motorola’s first-quarter results came in stronger than expected, although that’s not saying much because the situation at the ailing wireless handset maker appears to be increasingly dire. Motorola shipped about 19.2 million handsets in its fourth quarter. In its latest quarter, the company shipped just 14.7 million handsets, down 23 percent from the previous one.
It looks to be some Moreauian chimera of iPhone and Pre, but Motorola’s new QA4 Evoke seems a far slicker handset than most we’ve seen from the company lately. Odd then that it’s to make its debut on a flat-rate carrier like Cricket.
Motorola’s dismissal of former CFO Paul Liska grows more intriguing by the day. Turns out that Liska has indeed, filed suit against his former employer, but not for “wrongful dismissal.” He’s suing for “retaliatory discharge.”
Former Motorola CFO Paul Liska thought he’d been let go because the company was postponing the spinoff of its cellphone unit. Imagine his surprise when he read in Crain’s Chicago Business that he’d actually been fired for cause.
John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper. Read more »
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
Best use of the Beeker “meee” ever.
While the technology behind the Telephone is new, the design is reassuringly old-fashioned, reminiscent of a phrenologist’s horn or ear-candle in form. We found the experience far more comfortable than the one we had with the Telegraph.
12:58 AM: Breakfast: Two schools of fish from Tokyo Bay. Calories: 782,000. How I was feeling when I ate this: confused, irradiated, hating my size.
11:37 AM: Exercise: “Taxi Stomp” (alternating legs, for 30 blocks). Calories burned: 148,900,183.
1983. The Beatles announce their first tour in thirteen years, but likewise announce that Michael Jackson will be going on tour with them as a one gigantic mega-concert event.
Best video mashup ever.
A Facebook Memorial
Wow.
Worth it for the Rickrolling photo alone.
Excellent.
Flughumor!
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