Motorola Reports First Year Over Year Growth Since 2006
Motorola has posted its first year-over-year sales growth in four years, according to third quarter results, led largely by healthy sales of Android handsets. Company co-CEO Sanjay Jha pointed to the Droid X as a particularly good seller. Moto reportedly saw profits of $109 million on $5.8 billion in sales, the latter of which represents a six percent increase over Q3 2009; the company hasn’t achieved those sort of results since the fourth quarter of 2006.
The smartphone transition had initially been a difficult one for Motorola, which was able to come up with consistent hits like the RAZR when feature phones ruled the world, but found itself fighting for relevancy as products from HTC, Apple, and Samsung overshadowed its initial offerings. While devices like the Motorola Q developed a decent-sized following, the company found itself lacking a popular platform to build around as Windows Mobile started to drop off in popularity. Android has turned out to be something of a savior for the company’s mobile division, although Moto engineers also deserve credit for developing desirable hardware.
The company currently sells Droid-branded handsets through Verizon, as well as other Android models through VZW, AT&T, and T-Mobile. A blockbuster handset supposedly codenamed the Motorola Olympus is said to be coming to AT&T in the first quarter of next year, bringing with it a Tegra 2 processor from nVIDIA and alleged high-definition display.