Friday, July 29, 2011

Motorola Mobility announces second-quarter financials, Android leads the way again

Motorola Mobility announces second-quarter financials, Android leads the way again

Motorola Mobility

Motorola Mobility is in the process right now of announcing their second-quarter financials and things looking quite alright for them, even more so when you look at their Android based numbers. Overall, Android once again led the way for Motorola in terms of sales and profit:

Mobile Devices net revenues in the second quarter were $2.4 billion, up 41 percent compared with the year-ago quarter. The GAAP operating loss was $85 million compared to operating earnings of $87 million in the year-ago quarter. The non-GAAP operating loss was $31 million compared to an operating loss of $109 million in the year-ago quarter. The Company shipped a total of 11.0 million mobile devices, including 4.4 million smartphones and 440,000 Motorola XOOM™ tablets. In the second quarter of 2010, the company shipped 8.3 million mobile devices, including 2.7 million smartphones.

We're still poking through the numbers and Phil is tuned into the live call and Q&A but Motorola has issued most of the news in their press release -- you can find that past the break.

Source: Motorola

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