Motorola sold 5 million smartphones in Q4, misses estimates
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That ratio tracks the trend in the U.S., where smartphone sales account for close to half of all new handsets sold. The numbers fall well short of the 35 million smartphones that Samsung shipped in the same period. Apple is expected to announce that they also sold 30-35 million iPhones. Relative to last quarter, Motorola saw feature phone sales drop by a third, from 6.8 million phones in Q3, while their smartphones were up 10% from 4.8 million sold. It appears that they must have been moving the occasional Droid RAZR over the holidays!
Although Motorola expects "modest profitability", they will miss analysts expectations. Competitive pressures in the market and the increasing cost of litigation were cited as factors that hurt their financial performance (read: Apple and Samsung, respectively). They pointed to early 2012 as the expected timeline for their acquisition by Google to be completed.
Finally, Moto also posted a reminder that they will be showing off new products at CES...as if we would forget!
source: Motorola
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8 Comments
1. theBankRobber posted on 06 Jan 2012, 17:17 0 0
Lol and more then half of them are people who are always blowing up their twitter and facebook with the same thing..... Motorola we want our phones bootloader unlocked...... haha i always lol at these post.
6. Jimstar posted on 06 Jan 2012, 23:37 0 0
Nah the bootloader crowd is just a vocal minority. I'd bet my first born that a vast majority of Galaxy SII devices sold the world over weren't bought because their bootloaders weren't locked down.
Moto's real problem is they just don't have the market presence and resources to fight Samsung and HTC anywhere outside of Verizon...
2. Leodrade posted on 06 Jan 2012, 17:34 1 0
LOL, Samsung sold 6x times more than Motorola, seems like the days that Motorola was the absolute ruler of the phone industry are long gone, maybe the Google deal will give them some strength to try to take back the crowd
8. -RVM- posted on 08 Jan 2012, 09:21 0 0
Motorola was never the absolute ruler of the phone industry though.
3. gallitoking posted on 06 Jan 2012, 18:25 0 0
is hard when in 2011 the the worthy phones released has been the Droid X2 and the delayed Bionic... and at the end of the year the Razr..
5. MagicTaco posted on 06 Jan 2012, 20:13 0 0
Bleh the Bionic, had it worked I would have probably liked it. Had continuous problems and Verizon finally replaced with a new phone.
4. Arpad posted on 06 Jan 2012, 19:47 0 0
I was expecting the Razr to be a more heavy hitter. Or maybe some of the Razr profits will go to 2012 Q1?
7. DROIDX0430 posted on 07 Jan 2012, 10:40 0 0
I dont see this track continuing...i got the idea...since im stuck with a d3 and bionic...razr was released one month after bionic then bionic price dropped a hundrd dollars..then motorola releases some ota that was supposed to fix the data problem...it didnt....talks of d4 for next month and now d3 is extinct on vw after only 6 months...no way motorola is going to have a following...riding on the shirt tails of Google or not....
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