For Motorola, any profit at all is a Good Thing right now, so we're sure there are a lot of smiling faces out in Schaumburg today on news that the company managed just a smidge of black ink in the third quarter. The Mobile Devices division specifically turned in $1.7 billion in revenue (about $100 million less than the quarter prior) and accounted for a $183 million loss, which was offset by wins in the company's other divisions ultimately resulting in $12 million in bankable profit. The company says that it expects to push fewer handsets in the fourth quarter as it scales back "unprofitable" devices in favor of its new Android-based gear -- which is just fine by us -- and yes, indeed, it still intends to split the company into two entities when the time is right. In the meantime, the company has announced a permanent CFO -- Edward Fitzpatrick, who was conveniently already appointed to the position on an interim basis -- putting to bed some of the drama to bed that's surrounded Paul Liska, who vacated the post months ago on bad terms. All told, the DROID and CLIQ launches have cast a rosy glow on Moto's current situation, so now it's time to put the nose to the grindstone and see if these guys can deliver financially through the end of the year.

Read - Earnings
Read - CFO announcement

Apple's fiscal Q4 2009 conference call is just about to begin, but the press release is already out and about. Wondering how Jobs and Company did? Precisely like you thought they would: they're making out like gangbusters over there. While the rest of the world slowly sees profits inching back up, Apple's relishing in $1.67 billion worth of net profit it pulled in from $9.87 billion in revenue. A year ago, the outfit managed to post a quarterly profit of "just" $1.14 billion, and we're also told that gross margin was up 36.6 percent. It should be noted that international sales accounted for a whopping 46 percent of this quarter's revenue, and Mac computer sales managed to shoot up some 17 percent compared to the year-ago quarter. In keeping with Apple's own acknowledgment that the standalone iPod is dying, sales of the iconic media player dipped 8 percent year-over-year (10.2 million units were sold), while 7.4 million iPhones were moved representing a 7 percent uptick from this period a year ago.

Stevie J himself is quoted as saying that Apple is "thrilled to have sold more Macs and iPhones than in any previous quarter," and in case you haven't noticed, the holiday quarter hasn't even been completed yet. Oh, and if you were looking for bread crumbs as for what's on deck, chew on this: "We've got a very strong lineup for the holiday season and some really great new products in the pipeline for 2010." Great new products, you say? Would one of them happen to include some sort of, say, tablet PC?

Catch our updates after the break...

Palm just announced its first quarter results -- the first to really include numbers from the Pre -- and they're positive (well, depending on how you look at things), with a $2.8m gross profit on $68m in revenue. Actually, that's a little low, since Palm uses the same sort of subscription accounting for the Pre as Apple does for the iPhone, so the unofficial numbers are higher: $100.6m gross profit on $360.7m in revenue. Still, we should point out that according to GAAP (you know, the rules that matter), the outfit had a net loss in fiscal Q1 2010 of $164.5 million, while the non-GAAP net loss was pegged at $13.6 million. Although Palm wouldn't include break out specific sales data, they did say that the "vast majority" of the 823,000 phones they sold in Q1 were Pres, so take that as you will. Oh, and if you were still holding out hope for more Palm WinMo phones, it's all over -- Palm is doing 100 percent webOS development from now on. (Shocker!).

Update 1: Rubinstein deftly sidestepped the question of why Pixi was launched on Sprint as opposed to another carrier, saying "They're a great partner and we're looking forward to a great holiday season."

Update 2: Asked about MOTOBLUR, Jon said "I don't know much about MOTOBLUR, but I think to build really great products, you have to control the entire experience -- you have to own the OS and the services around it."

Update 3: Jon just said "We're on a web schedule with updates -- you'll see a steady stream of updates and features."

Update 4: Revenue on accessories and anciliary products were "really very small, immaterial to overall trends." When pressed if it was in the low, single-digit millions, CFO Doug Jeffries emphasized, "very, very small."

HTC's been on somewhat of a hot streak here lately, but word on the street has it that the aforesaid outfit may not be able to ship all of its forthcoming handsets on time. A new Wall Street Journal report on falling revenue in the HTC camp notes that an undisclosed amount of delays, a larger-than-anticipated drop in contract orders and lower-than-expected sales in China could lead to drooping income in the short term, and some analysts are pointing out that the company's average selling price per phone is sliding due to looming Android competition from the likes of Motorola and Sony Ericsson. Aside from the Touch Pro2 that'll probably never, ever land on Sprint, HTC has about a gazillion other rumored handsets on the horizon, but it's hard to know for sure which "product launches" are expected to be stalled. So, is HTC secretly retooling a smattering of its handsets in order to stay one step ahead of SE and Moto? Or are old fashioned supply chain inefficiencies to blame?

See that image there on the right? Yeah, it's a pretty drastic departure from the Sad Moto™ face that had become all too common when talking about the company's financials. Just a quarter after posting a dreadful $291 million loss, the outfit responsible for creating the RAZR and then doing nothing for half a decade is finally showing a profit once more. The Q2 numbers show an "unexpected" $26 million profit on sales of $5.5 billion, $1.8 billion of which came from the handset division. Of course, that very division managed to lose $253 million and see its global market share slip to 5.5 percent, but with a big bang from Android reportedly just months away, CEO Sanjay Jha ain't taking time to frown.

Just hours after the Verizon-branded Sholes smartphone surfaced, Mr. Jha was quoted as saying that two Android devices would be "in stores for the holiday season," with launches occurring on "two major carriers in North America and multiple carriers outside the US." He also noted that plans were in place to ship "several additional Android-based devices in the first quarter of 2010," but details beyond that were vague. So, is this the beginning of a new, happier Moto? Our aged copy of Photoshop certainly hopes so.

Read - Motorola's Q2 results
Read - Jha on future Android devices

While it seemed that all was going well for the Big N, it looks like those jovial times are finally coming to a (temporary) end. In an earnings report filed today, the company posted a 66 percent fall in quarterly operating profit on "slowing demand for its Wii console and a stronger yen." It's not so much the profit slide that's surprising, but the sudden admission that Wii demand has finally (finally!) slowed from a raging boil to simply piping hot definitely caught us off guard. Still, Nintendo maintained that it would sell 26 million Wii consoles before the year was out alongside 30 million DS handhelds, the latter of which has seen momentum slow due to "increased competition in the handheld business from Apple's iPhone." Now, we've known for some time that the suits in Cupertino have always viewed the iPhone as a game console, but to hear it called out as such from an entity not named Apple is another matter entirely. Maybe it should reconsider that whole "if you can't beat 'em, join 'em" thing? Nah.

[Image courtesy of QuiteCurious]

It's no secret that Verizon wants the Pre; in fact, as much as we're sure they'd like to be showing a corporate poker face, it's pretty obvious they want it badly given how swiftly it sought to take the wind out of Sprint's sails with comments around the time of the initial launch. Sprint's Dan Hesse moved just as quickly to quash the thought as best he could by publicly slamming his company's archrival, telling media that Verizon needed to cut it out with the assumptions that Sprint's exclusivity period was six months and reiterating that he'd have the Pre in his back pocket through the end of 2009. The obvious response from Verizon? Revise your language just a little bit and keep at it. Big Red is now saying that it'll have the Pre "early next year" in comments made during its earnings call today -- in other words, the very moment Sprint's exclusivity ends if Verizon has anything to say about it. From Palm's perspective, sitting pretty atop the States' largest carrier is a good place to be, so we're sure they're stoked to hear the depth of Verizon's interest -- not to mention that we've still got that Eos floating around somewhere.

[Via PreCentral]

Love 'em or hate 'em, Apple knows how to sell, and sell big. As we tune into the company's fiscal 2009 third quarter conference call this afternoon, we're told that it has just recorded its "best non-holiday quarter [in terms of] revenue and earnings" in company history. This, mind you, was recorded during what most say is the worst recession since the Great Depression. All told, Apple netted a quarterly profit of $1.23 billion, and international sales accounted for a staggering 44 percent of the quarter's revenue. The outfit continued to steamroll the competition in MP3 sales, moving 10.2 million iPod units in the quarter; of note, that was a seven percent decrease from last year, but given that fact that we're getting ever-closer to a saturation point with these things, we aren't too shocked to hear it.

The company also confessed that the iPhone and iPod touch was cannibalizing traditional iPod sales (defined by Apple as the "shuffle, nano and classic"), but so long as those purchases stay within the realm of Apple, we're sure it doesn't much mind. The firm was also quick to boast of a 626 percent increase in iPhone sales from this quarter a year ago, but considering that its handsets were only available in a handful of nations then compared to scores of countries now, we still maintain that next quarter's iPhone sales will be the real measuring stick. Still, Peter Oppenheimer -- Apple's senior vice president and Chief Financial Officer -- did admit that the company was currently unable to meet iPhone 3GS demand in virtually every country where Apple is shipping it to. Which is funny, since we haven't heard of too many Americans that are still having trouble locating one. When talking about iTunes, we were reminded of the 1.5 billion total applications downloaded from the App Store, while some eight billion jams had been purchased (both since launch). In fact, Apple claimed that it was "years ahead" of rivals when comparing the App Store all those other application markets. Finally, Mac sales scooted up some four percent with a grand total of 2.6 million unit sold, which went down as the company's best-ever June quarter in terms of personal computer sales.

When asked (again) about the possibility of Apple introducing a netbook, we were reminded that Apple "isn't out to make the most computers, just to make the best computers." Furthermore the suits at the company have yet to figure out how to build "the best" at the "$299, $399 or $499" level, once again extinguishing any hope of a low-cost Mac laptop anytime soon. He went on to say that "some customers buying these [netbooks] become disappointed / disenchanted," asserting that Apple is simply striving to make the "best, most innovative" machines and "give customers the most value." To quote Mr. Oppenheimer when responding to a question over an iPod-like device with a larger screen:

"I never want to discount anything in the future and never want to talk about new products. People want a full-featured notebook, some of the netbooks being delivered are very slow, have software technology that is old, don't have a robust computing experience, small display, cramped keyboard, I could go on but I won't. We'll only play in things where we can be very innovative and be proud of."

Okay Apple, we get it -- you're not interested in the netbook space. Gosh.

In a not totally surprising -- yet still kind of striking -- turn of events, Microsoft is reporting that its sales have fallen for the first time in 23 years. You read that right, 23 years. According to numbers that the company has just released, sales fell 6 percent year-over-year, while overall net income dropped a staggering 32 percent. Those numbers are significant, but what's more telling is where those losses are coming from. Namely? Netbooks. Apparently, in the midst of a global downturn consumers really are buying cheaper, especially when it comes to tech, which puts a fairly significant crunch on Redmond's bottom line. A CNN reports suggests that the presence of Linux on those devices has contributed to the hurt here, but it's more likely that the combo of a market still unwelcoming to Vista and the wide popularity of XP on the low-power systems has more to do with these dipping profit margins. Oh, and that general, awful market depression. Still, it should serve as some kind of wake up call to Microsoft that just being the biggest doesn't guarantee that the money will keep rolling in the way it has in years past -- clearly the big picture isn't as sharp as it's always been. Hey Windows 7 -- no pressure, right?

Update: We've tweaked some language in the post that made the situation sound more dire than intended. Don't worry everyone, we know Microsoft isn't going anywhere.

[Via CNN]

So, there's good news and bad news here, and we're opting to go against tradition by dishing out the positive first. Nokia just pushed out its Q1 2009 results, and while many firms have been struggling to stay afloat, at least it managed to turn a profit of €122 million ($160 million). That said, it's still looking at a staggering 90 percent drop in profits compared to its first quarter of 2008, where it raked in a mind-boggling €1.222 billion ($1.6 billion). Not surprisingly, sales were also down 27 percent to €9.28 billion ($12.2 billion) from €12.7 billion ($16.7 billion). Of course, Nokia's far from being alone in having to showcase less-than-beautiful Q1 numbers, but in reality, the damage could've been much worse; in fact, shares of the company's stock inched up by 8 percent following the reveal, as many had feared an even more significant decline. All in all, Nokia's still holding strong to a 37 percent market share worldwide, and if CEO Olli-Pekka Kallasvuo has anything to do with it (hint: he does), things should be on the up and up here soon.

[Via BBC]

HTC's unleashed a barrel of bad news on the world today with their first quarter earnings statement. The company's profits fell 30 percent during that period, with a net of NT$4.89 billion -- $148 million -- down from NT$6.94 billion (or $210 million) at the same time last year. HTC still managed to best analysts estimates (shows what they know) which forecast that the company's earnings would be in the area of NT$4.64 billion ($140 million). HTC said that the profits fell in part to missed product shipping deadlines, which have been pushed into April. And the recession continues...

[Via MocoNews]
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