Motorola posts Q3 results, Mobile Devices unit loses $183 million
Hot on the heels of announcing the high-end Droid for Verizon, Motorola has just posted its Q3 2009 financial results.
While its Enterprise Mobility Solutions and Home and Networks Mobility units reported operating earnings of $306 million and $199 million respectively, Moto’s Mobile Devices unit is still bleeding money, ending the third quarter with an operating loss of $183 million.
13.6 million Motorola phones were shipped in Q3 2009, totalizing sales of $1.7 billion. Since Sony Ericsson reported it sold 14.1 million phones in the third quarter, Motorola is probably the world’s fifth handset maker at the moment, with an estimated global market share of 4.7%.
When it comes to phones, Moto’s greatest achievements in Q3 2009 are obviously the announcements of its first two Android devices: Motorola Cliq and Motorola Droid (pictured above). The Cliq is already on sale both in the US and in Europe (as Motorola Dext), while the Droid will be available starting November 6 via Verizon, in CDMA flavor.
There are no official details about the release of a GSM Droid, but since we saw one yesterday, it probably won’t be long until Moto announces it. Seeing how the Droid captured everyone’s attention, Motorola would actually make a dumb move if it won’t bring it to Europe.
Via Press release