Motorola and Nokia release their latest profits
I gave Motorola a bit of bashing yesterday, but they’re obviously doing something right, as they’ve just posted record profits:
- Revenue: $9.42B – up 26%
- Operating earnings: $597 million – up 52%
- 38.7 million handsets were shipped, up 66%
- Motorola’s phone market share hit 19%, up 5%
The RAZR alone has sold over 12 million units to date, which perhaps explains some of these figures – the rest of Motorola’s current line up of devices seems distinctly poor compared with Sony Ericsson and Nokia.
Speaking of which, Nokia have also released their results for the third quarter:
- Revenue: EUR 8.4B – up 18%
- Operating profit: EUR 1.15 billion – up 19%
- 66.6 million Nokia handsets were shipped, up 29%
- Nokia’s market share is estimated at 33%, up 1%
Nokia’s still the world’s number one mobile phone manufacturer, but apparently Motorola’s top in North America.
[source]
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