Skip to main content

Motorola revenue up thanks to Droid

Image used with permission by copyright holder

Motorola has a hit smartphone line on its hands, something it hasn’t been able to say for several years. The mobile phone manufacturer posted revenue of $5.8 billion in the third quarter of 2010, while estimates had it pegged at $5.66 billion. It is Motorola’s first year-over-year revenue increase since late 2006, reports Bloomberg. The company can thank its CEO Sanjay Jha’s gamble on the Android smartphone OS for the increase in sales. Android has become the most popular smartphone operating system, overtaking the iPhone, thanks to successful devices like the Motorola Droid line.

“He bet on Android two years ago when it was still a risky platform,” said Matt Thornton, an analyst at Avian Securities LLC in Boston. “He made the right choices. So far, he’s been excellent.”

Motorola shipped 9.1 million phones during the three-month period, including 3.8 million smartphones. Analysts expected the company to ship 3.57 million smartphones. Motorola’s phone unit posted a $3 million operating profit, which is impressive when compared to the $183 million loss it posted last year.

The Motorola Droid line represents the company’s first big hit since sales of its flagship Razr phones rose to dominance in the middle of the last decade. The Razr sold 110 million units before it slowly fell off the charts in the later half of the decade. Its decline is tightly linked to Apple introducing the iPhone in 2007. Motorola has been unable to replicate the massive success of the Razr. The Droid line represents its first smart gamble in some time.

Editors' Recommendations

Jeffrey Van Camp
Former Digital Trends Contributor
As DT's Deputy Editor, Jeff helps oversee editorial operations at Digital Trends. Previously, he ran the site's…
Motorola’s newest folding phone is cheaper than the iPhone 15
A person holding the closed Motorola Razr 40.

Motorola is finally putting its most affordable foldable phone on the shelves in the U.S. The Motorola Razr (2023) will be up for preorder from Motorola’s official website starting October 12, while AT&T, Boost Infinite, Boost Mobile, Consumer Cellular, T-Mobile, US Cellular, and Xfinity Mobile will get it a week later.

The most alluring aspect of the Motorola phone is its asking price, which puts it strictly in the midrange segment despite offering sophisticated foldable phone engineering. For a limited spell, the device will go for an irresistible sticker price of $600. It will also be sold unlocked via Amazon and Best Buy, in addition to Motorola’s own storefront.

Read more
I’m sick of Motorola phones not having this one essential feature
The Motorola Razr Plus doesn't have an always-on display that can be permanently active.

I’ve really liked many of the Motorola phones I’ve used this year, from the excellent Motorola Razr Plus and Motorola Razr 40 to the interesting, but odd Motorola ThinkPhone.

But I’m increasingly annoyed by the lack of one simple feature across all of them. It’s beginning to really bother me, as I don’t understand why Motorola refuses to add it in. I’m talking about a true always-on screen.
No permanent always-on option

Read more
Motorola just launched 3 new Android phones, and they look incredible
Motorola Edge 40 Neo color choices.

Following Apple's recent iPhone 15 event, Motorola has launched a line of impressive new smartphones that offer sleek, modern designs at affordable prices. The Motorola Edge 40 Neo, Moto G84 5G, and Moto G54 5G are available in several markets, including the United Kingdom.

With a starting price of 300 British pounds ($375), the Motorola Edge 40 Neo is a slim device with curved edges and IP68 protection for added durability. It features a 50MP Ultra Pixel camera sensor with all-pixel focus technology, which should offer solid photo quality. The camera also provides 16x faster lowlight performance, making it perfect for nighttime photography.

Read more