Motorola posts $86 million Q1 loss, tops revenue estimates

By on May 1, 2012 at 5:25 PM.

Motorola posts $86 million Q1 loss, tops revenue estimates

Motorola posts $86 million Q1 loss

Motorola Mobility on Tuesday reported its financial results for the first quarter. The struggling vendor managed $3.08 billion in sales, narrowly topping Wall Street’s $3.03 billion revenue estimates as Motorola continued to work toward the finalization of Google’s $12.5 billion acquisition. Motorola’s loss of $0.28 per share, or $86 million, missed analysts’ consensus by a penny per share, however. Revenue from the company’s mobile division increased 3% as Motorola shipped 5.1 million smartphones in the quarter, but total device shipments slid to 8.9 million units as demand dropped following the holidays. “The introduction of RAZR MAXX marked another successful addition to the Motorola product family and contributed to our growth in smartphones,” Motorola Mobility CEO Sanjay Jha said. “Our Home business delivered another solid quarter highlighted by improvement in year-over-year profitability. We continue to work closely with Google to complete the proposed merger during the first half of the year.” Motorola’s full press release follows below. More →

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Google’s Motorola acquisition approved by Justice Department

By on February 13, 2012 at 5:05 PM.

Google’s Motorola acquisition approved by Justice Department

The United States Department of Justice has approved Google’s proposed $12.5 billion acquisition of Motorola Mobility, Reuters’s Poornima Gupta reports. The deal gained regulatory approval from the European Commission earlier on Monday, and a U.S. approval was expected to follow today or later this week. Google revealed its intention to purchase Motorola Mobility late last summer, pointing to the potential to create cohesive end-to-end solutions as one of the main draws for Google. “Motorola Mobility’s total commitment to Android has created a natural fit for our two companies,” Google CEO Larry Page said in a statement at the time. “Together, we will create amazing user experiences that supercharge the entire Android ecosystem for the benefit of consumers, partners and developers. I look forward to welcoming Motorolans to our family of Googlers.” Page also said that Motorola’s sizable patent portfolio would help Google protect itself and its partners from rivals with aggressive litigation strategies like Apple and Microsoft. More →

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Motorola Mobility invests in social networking startup Shaker

By on January 18, 2012 at 8:15 PM.

Motorola Mobility invests in social networking startup Shaker

Motorola Mobility announced on Wednesday that its Motorola Mobility Ventures arm has invested in a social networking startup called Shaker. The firm, based in Israel, says its social network is “similar to interacting in the physical world,” and that it “creates a natural setting using your Facebook profile and allows people to meet around mutual friends and shared interests.” Motorola’s MOTOBLUR user interface found on several of its Android smartphones allows users to access multiple social network profiles, but early versions weren’t greeted warmly by users. Motorola may use Shaker to spice things up a bit in future versions of the UI. “Shaker’s innovative platform gives consumers the ability to not only interact with each other, but with brands in groundbreaking ways that could never before have been accomplished on a social network,” Mony Hassid, managing director of Motorola Mobility Ventures, said. It is unclear how much Motorola Mobility Ventures invested in Shaker. A full press release follows after the break. More →

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Motorola scores win in ITC Apple patent case [updated]

By on January 13, 2012 at 5:36 PM.

Motorola scores win in ITC Apple patent case [updated]

The United States International Trade Commission on Friday issued a prliminary ruling stating that Motorola Mobility smartphones do not infringe three Apple patents. “It is held that no violation of section 337 of the Tariff Act of 1930, as amended, 19 U.S.C. § 1337, has occurred in the importation into the United States, the sale for importation, or the sale within the United States after importation of certain mobile devices and related software by reason of infringement of one or more of Claims 1, 2, 10, 11, 24-26, and 29 U.S. Patent No. 7,812,828 (“the ’828 Patent”), claims 1-7 and 10 of U.S. Patent No. 7,663,607 (“the ’607 Patent”), and claims 1, 3, and 5 ofthe U.S. Patent No. 5,379,430 (“the ’430 Patent”),” the ITC said in its ruling. Apple filed a formal complaint against Motorola in October 2010 alleging that its Android smartphones infringe multiple Apple-owned patents, and it asked the Commission to ban the import and sale of the infringing devices.

UPDATE: Motorola’s comments on the ITC judgement follow below. More →

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Motorola Mobility misses Q4 estimates on shipments of 10.5 million phones

By on January 6, 2012 at 5:30 PM.

Motorola Mobility misses Q4 estimates on shipments of 10.5 million phones

Motorola Mobility on Friday revealed preliminary results for the fourth calendar quarter of 2011. When the vendor reports its full results on January 26th, it will miss analysts’ sales forecast with revenue of approximately $3.4 billion and what Motorola referred to as “modest profitability” in a statement on Friday evening. Motorola shipped 10.5 million mobile phones during the fourth quarter, 5.3 million of which were smartphones. The company’s full press release follows below. More →

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ITC finds Motorola Mobility guilty of infringing on Microsoft patent

By on December 21, 2011 at 8:35 AM.

ITC finds Motorola Mobility guilty of infringing on Microsoft patent

The United States International Trade Commission ruled late Tuesday that Motorola Mobility is guilty of infringing on one of Microsoft’s patents. The patent is related to calendar sync and how one might use a device to schedule a meeting, BBC News explained. Microsoft originally filed a suit against Motorola Mobility in August in an attempt to block sales of several Motorola Android smartphones, such as DROID 2, DROID X and several others, and accused Motorola Mobility of infringing on seven total patents. The ITC judge ruled that Motorola Mobility devices do not infringe on six of Microsoft’s patents, however. Microsoft recently filed a similar lawsuit against Barnes & Noble, and the company has already reached licensing agreements with HTC, Samsung, ViewSonic and several other firms. “The ones who can actually sit back and relax as they watch this are those who have concluded license deals with Microsoft (or other patent holders) and don’t have to worry about possible or actual import bans, possible or impossible workarounds, or further escalation,” patent expert Florian Mueller of FOSS Patents explained recently. More →

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Motorola Mobility makes pledge to use wind power

By on November 18, 2011 at 8:15 PM.

Motorola Mobility makes pledge to use wind power

Motorola has pledged to begin taking advantage of renewable energy sources, and the company promised to acquire at least 25% of its energy from wind, Fox News reported recently. “It is Motorola Mobility’s intent through our participation in the WindMade initiative to encourage greater use of renewable energy sources like wind and solar around the globe,” Motorola Mobility’s director for sustainability and stewardship Bill Olson said. “Any company that uses at least 25% of wind energy can adopt the “WindMade” label, a company that recognizes companies that focus on using wind as a renewable energy source,” Bragi Fjalldal of WindMade explained. “What’s unique about WindMade is it’s the first time that you have a truly global standard that is accepted across the landscape for how corporations should procure clean energy.” Read on for more. More →

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Motorola Mobility sued for allegedly stealing source code

By on November 17, 2011 at 4:05 PM.

Motorola Mobility sued for allegedly stealing source code

Lemko Corporation, a private software and systems developer, on Wednesday filed a complaint against Motorola Mobility alleging that it stole trade secrets and is financially benefiting from the misappropriation of Lemko’s source code. The company claims that Motorola hired an engineer who developed unique, protected code while employed by Lemko, and proceeded to implement the source code on Motorola’s servers without licensing the technology. The code in question relates to server side network-based positioning technology. Read on for more. More →

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Motorola Mobility beats Q3 estimates; Android phone sales remain strong, tablet sales weaken

By on October 27, 2011 at 5:20 PM.

Motorola Mobility beats Q3 estimates; Android phone sales remain strong, tablet sales weaken

Motorola on Thursday reported third-quarter earnings that beat analyst estimates thanks to strong sales of the company’s Android-powered smartphones. Motorola doubled Wall Street’s EPS estimate of $0.06, reporting earnings of $0.12 per share in the September quarter. The company earned $0.13 per share in the third quarter last year. Revenue of $3.3 billion was up 11% from the third quarter last year, but it narrowly missed analysts’ expectation of $3.4 billion. Revenue from device sales last quarter totaled $2.4 billion, up 20% year-over-year. The vendor shipped 11.6 million devices including 4.8 million smartphones and just 100,000 XOOM tablets, and operating losses totaled $32 million compared to $34 million in the same quarter last year. Motorola shipped 400,000 XOOM tablets last quarter and 250,000 units in the first quarter of 2011. Motorola Mobility chairman and CEO Sanjay Jha noted in a statement that the company continues to make progress toward closing the proposed merger with Google. Motorola’s full press release follows below. More →

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Motorola to release first Android 4.0 devices six weeks after final ICS build [updated]

By on October 25, 2011 at 11:35 AM.

Motorola to release first Android 4.0 devices six weeks after final ICS build [updated]

Motorola Mobility announced on its Twitter account Tuesday that it will release devices powered by Google’s latest Android 4.0 (Ice Cream Sandwich) operating system six weeks after Google releases the final build. “We’ll be releasing devices for ICS 6 weeks after Google releases the final version of it,” a company representative wrote on Motorola’s Twitter account. The company already confirmed that it will update the DROID RAZR, its latest smartphone, to the new operating system in early 2012. It is unclear what Motorola has up its sleeve, although we suspect it has both new tablets and smartphones coming down the pipeline. Android 4.0 offers an entirely revamped user interface, a new Android Bump feature for sharing content using near-field communications (NFC), resizable widgets and more. The first device to offer the operating system is Samsung’s Galaxy Nexus, which will be available from Verizon Wireless “later this year.”

UPDATE: In a second tweet posted some time later, Motorola suggests that it was referring to software updates for existing devices rather than new Ice Cream Sandwich device launches. “We’ve communicated that we are planning to upgrade DROID RAZR (as well as Motorola RAZR, DROID BIONIC, and Motorola XOOM) to Ice Cream Sandwich, and will provide more precise guidance on timing within 6 weeks post public push of ICS by Google,” a Motorola spokesperson told BGR in a statement.

More →

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Intellectual Ventures sues Motorola Mobility for patent infringement

By on October 6, 2011 at 9:20 PM.

Intellectual Ventures sues Motorola Mobility for patent infringement

Intellectual Ventures has filed a lawsuit in Delaware against Motorola Mobility after failing to reach a licensing agreement with the phone maker, AllThingsD reported on Thursday. The suit names six different patents. “Intellectual Ventures has successfully signed licensing agreements with many of the top handset manufacturers in the world, and has been in discussions with Motorola Mobility for some time,” chief litigation counsel Melissa Finocchio said. Intellectual Ventures’ licensees include HTC, Samsung and Research In Motion, which signed a licensing agreement with the company earlier this year. “We have a responsibility to our current customers and our investors to defend our intellectual property rights against companies such as Motorola Mobility who use them without a license,” Finocchio added. More →

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Sony Ericsson CEO: We underestimated the iPhone

By on October 3, 2011 at 9:00 PM.

Sony Ericsson CEO: We underestimated the iPhone

Sony Ericsson’s CEO Bert Nordberg recently sat down for an interview with The Wall Street Journal during which he said his company “should have taken the iPhone more seriously when it arrived in 2007.” Norgberg reiterated Sony Ericsson’s intentions to dissolve its feature phone business by the middle of next year as it focuses more on building out Android and broadening its U.S. portfolio. “By now, some 70% of our sales stem from smartphones and some time in the middle of next year, I estimate that we will be a complete smartphone company,” he said. Read on for more More →

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Motorola’s next Android tablet spotted, 7-inch display possible

By on September 19, 2011 at 6:40 PM.

Motorola’s next Android tablet spotted, 7-inch display possible

Motorola Mobility CEO Sanjay Jha has noted his company’s intentions to launch a 7-inch tablet a number of times, and images of the device may have just broken cover. This is my next leaked a photo of a white tablet on Monday that, if compared to the size of the unknown phone in the background, appears to sport a 7-inch form factor. A Motorola Mobility logo is slightly visible on the top-left of the tablet and there are two I/O ports on the bottom, presumably microUSB and HDMI-out. It is possible this is an Android Honeycomb tablet, although that is still unconfirmed. It is also still unclear when the tablet will be announced, if ever, or what kind of hardware it packs under the hood. More →

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