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Motorola Mobility reports operating loss for Q2, ships 4.4 million smartphones up 63% year-over-year

Posted: , by Alan F.

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Motorola Mobility reports operating loss for Q2, ships 4.4 million smartphones up 63% year-over-year
Motorola Mobility turned in some red ink based on a GAAP operating loss of $85 million for Q2. Last year, the company reported GAAP operating earnings of $85 million for the same period. Those figures work out to a 19 cent per share loss this year vs. a 27 cent per share profit last year. Net revenues rose 28% in the three month period to $3.3 billion as the company shipped 11 million mobile devices against 8.3 million shipped last year. Smartphone shipments rose to 4.4 million units from 2.7 million in 2010. Motorola Mobility says that it had shipped 440,000 Motorola XOOM tablets in the period.

The second quarter results were lower than expected and Motorola Mobility's stock was down 3.5% after hours. Motorola says it now expects to report profits as high as 10 cents a share for the third quarter, and 48 to 60 cents per share for the fiscal year. Motorola Mobility CEO Sanjay Jha said that Q3 will be hurt by the delay in launching the Motorola DROID Bionic, the manufacturer's first LTE phone for Verizon. As we reported, the long awaited Android handset will finally be released by Verizon in September.

source: Motorola via AP

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posted on 28 Jul 2011, 20:17

1. ecml490 (unregistered)


Not a surprise ... they need to keep up with releasing their products in time instead of delaying them. Motorla isn't a bad company at all. Like a year or two ago they were releasing pretty nice phones in a timely manner now they are starting to slow down, which I don't understand ..

posted on 28 Jul 2011, 21:27 2

2. The_Miz (Posts: 1496; Member since: 06 Apr 2011)


Or maybe they should release "quality" products. You'd think after all the delays, their phones wouldn't be so crappy.

posted on 29 Jul 2011, 01:42 4

8. BobbyTaba (Posts: 316; Member since: 11 Aug 2010)


Ok I know u like the iPhone and hate Android. But If u try it its not that bad. Some phones are s**tty but its getting better and the newer phones are better. The iphone is also good but it boring and has looked the same since 2007. The reason most people hate the iPhone is its mostly for stupid people who dont know how to use an android phone or just want it cuz its popular. And ppl like you ruin it too. So shut the f**k up u fat f**k and stop ruining phonearena with your comments.

posted on 29 Jul 2011, 02:32

9. The_Miz (Posts: 1496; Member since: 06 Apr 2011)


iPhone boring? LOL, shows what you know. Don't get mad at me for the fact that iOS is better and more user friendly than Android. iOS doesn't use a ton of power like Android does. Plus all the specs in Android are pointless since you got crapplications bogging it down along with useless skins. Even Google's pure vanilla Android phone still sucks compared to iOS.

Point is, iOS >>> Android.

posted on 29 Jul 2011, 07:05 2

11. Sniggly (Posts: 7177; Member since: 05 Dec 2009)


And real fighting >>>>>>>>>>>>>>>>>>>>>>>>>>>>>> pro wrestling.

posted on 29 Jul 2011, 08:11

13. remixfa (Posts: 14056; Member since: 19 Dec 2008)


miz, noone will ever take you serious for a few reasons

1) you a blind iSheep so blinded by the shiney apple that you make Taco look like a reasonable person

2)you never say anything of substance and are generally wrong or misinformed

3) all your avatars are of homoerotic wrestlers. its fake dude.. its fake.

posted on 29 Jul 2011, 12:25

16. gallitoking (Posts: 4690; Member since: 17 May 2011)


no ofense remixfa.. but I am a wrestler fan as well... but I know is fake .. thats what a ilove about it.. i hate violence and with wrestling i can have share of kicks and wrestling finishers. but can shake hands at the end....

posted on 29 Jul 2011, 16:53

18. remixfa (Posts: 14056; Member since: 19 Dec 2008)


lol. my point is i dont think miz thinks its fake. i have a friend that i still get in arguements about how fake it is or isnt..
much like apple fanatics see no wrong that apple does, many wrestling fanatics beleive that its more than just a soap opera in spandex and oil.. lol

posted on 29 Jul 2011, 17:51

19. gallitoking (Posts: 4690; Member since: 17 May 2011)


well the stone cold stunner is very real... and you know why... because stone cold says..so....lol.... have a nice weekend sir..

posted on 29 Jul 2011, 11:17

15. Eyedless (unregistered)


I don't get it, do you troll forums all day and wait for anything android related so you can hate. Never anything constructive, just nonsense from your post. Exactly what I would expect from "The_Miz". Your a loser.

posted on 28 Jul 2011, 21:42

3. sprintsukhard (unregistered)


it's all over moto it's all OVER hahahahahahahahahahaha

posted on 28 Jul 2011, 21:51

4. joey18 (Posts: 526; Member since: 20 Jul 2010)


motorola past years they have nice phones the droid was the best saler then came htc and samsung and samsung will take the lead for more phone sales moto will follow -rim phones low rates

posted on 29 Jul 2011, 04:53

10. KingK (unregistered)


You notice how they sold 1.7 million "more" smartphones this Q than last...

The article is wrong they actually beat street estimates.

posted on 28 Jul 2011, 23:17 1

6. snowgator (Posts: 3275; Member since: 19 Jan 2011)


People forget how deep of a hole Moto has had to climb out of. If the Photon is a hit, and the Bionic is worth the wait, Motorola will be fine. Add those to the well received Droid 3, things can turn around. It really only takes one great hit. Now, if the Photon or the Bionic flop, things darken a lot. I like Moto. Would not hesitate to grab one if an Android was first on my list.

posted on 29 Jul 2011, 00:15

7. 530gemini (Posts: 2198; Member since: 09 Sep 2010)


Loss? I thought android has the biggest market share. Isn't Moto one of the major android OEM's? :)

posted on 29 Jul 2011, 07:11 1

12. Sniggly (Posts: 7177; Member since: 05 Dec 2009)


Motorola is actually pretty much in last place among Android manufacturers right now. Mobility is also essentially a brand new company, with a very small product portfolio compared to what the old single company had. New companies tend to operate at a loss for at least their first year of operation.

If Moto keeps trying hard they will probably pull a profit by the end of the fiscal year

By the way, didn't you notice how ETC, another Android manufacturer, has been growing by almost 100 percent each year?

posted on 29 Jul 2011, 08:14

14. remixfa (Posts: 14056; Member since: 19 Dec 2008)


ETC =HTC? :)

Also moto had some pretty heavy delays and some missteps this year. The atrix was gimped out of the gate which undoubtedly hurt sales, The bionix was almost released then redesigned (which means phones were probably produced then trashed, hurting margins). The new bionix still hasnt come out.

Honestly moto hasnt had any major releases this quarter other than the droid3 which i dont know if that would be concidered "major" anymore. They didnt do so bad concidering everything.

posted on 29 Jul 2011, 12:30

17. gallitoking (Posts: 4690; Member since: 17 May 2011)


I am moto guy since the startac era.. but delaying the Bionic.... is making my blood rise to a new tempeture....

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