Motorola loses $291 million in Q1
We're not really expecting great financials from anyone anytime soon, and Motorola keeps that trend going. The Big M had a $291 million loss in the first quarter, with cell phone sales down 45 percent compared to the first quarter of 2008.
Moto made $5.4 billion in sales in the first quarter – $1.8 billion from phones – but failed to meet the $5.62 billion previously forecast.
Despite recent rumors of a new/old Motorola Windows phone headed to Verizon, we're really not expecting much else from Moto this year – makes sense, seeing as how Windows Mobile 6.5 is focused on touchscreen phones – and Moto's CEO says to expect "differentiated Android-based devices" on sale in time for the winter holidays. So, we'll hope for some new Windows Mobile love in 2010.
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Phil is the father of two beautiful girls and is the Dad behind Modern Dad. Before that he spent seven years at the helm of Android Central. Before that he spent a decade in a newsroom of a two-time Pulitzer Prize-finalist newspaper. Before that — well, we don't talk much about those days. Subscribe to the Modern Dad newsletter!
I dont think this will affect Motorola as it has been said as one of the biggest companies and this is the reason why I am tell this.