Motorola’s Q4 mobile division earnings tumble 34%
Yikes! We’ve been losing sleep at night, worrying that we’ve been a bit harsh on old Motorola. They see to have gottent the short end of the publicity stick, having been accused of riding RAZR V3 design wave into a mess of stale product launches and poor earnings reports. That said, the company has appeared to make some decent strides forward as of late, releasing a shockingly good successor to the V3 in the RAZR 2, and dropping what may have been the sleeper handset of the year in the Motorola Q9. With things pointing in a positive direction, we expected the company’s 4th quarter earnings report to be a bit more…positive. Unfortunately, the stars have yet to fully align. Moto’s mobile division announced that their sales dropped a full 34% during the 4th quarter of 2007. This amounts to a $388 million loss, compared to a $341 loss during the same time period in 2006. The company didn’t give any indication as to what they thought might have accounted for the savage drop, but they’re going to need to figure it out if they hope to remain a player in this wild and crazy game of mobile phones.
In these challenging times, I for one am happy that “Motorolla” has expanded their business by partnering with Riddex. Any word on those numbers?
It is truly sad news
I loved my Moto V600….but didn’t find much appeal in their current devices… I needed a smartphone and the BJII was just so much more appealing to me…sorry moto….
As I read (and reply to) this post from my Q9h, I have to second BGR’s opinion of this being the sleeper handset of the year. Anyone considering a QWERTY-based smartphone should seriously consider it. I have had mine since October, and still love it.
LOl maybe they’ll stop releasing their shitty razrs now
Okay I’ll say it, does this drop mean the iPhone kicked Motorola in the butt?
Poor Moto… I’ve got an idea that will make everybody happy BG! How ’bout you buy up a case of RAZR2 and Q9s and pass them out to all your follows… It’s a win-win!!!
HA! Moto sucks and this just proves it.
Put Wi-Fi on the Q9 and I’ll buy it!!!
You couldn’t pay me to use a moto phone. Q9 has a great key pad but windows and Motorola is a quality combination from hell. After working for att and seeing endless returns on moto stuff this quarterly report is no shock.
^^ I second that!
burn! burn to the ground…. may sprint nextel join you in hell with your crappy bugged out red dotted razr’s!
Moto makes some great phones, we just dont get them in the u.s. I wanted a v9 a year before the launch and then at&t put out that ugly mahogany version missing alot of features the phone was designed to have. So,, i didnt buy one..nor did many other people I know. is moto to blame for the loss of sales? or at&t?