Motorola manages minuscule profit, clings to bronze medal
It has been a solid tick since Motorola had a quarterly earnings report that it didn't just send over via the paper airplane method and run for the hills, but the most recent one was actually worth cracking a smile over. After moving more mobiles in North America than it expected too, shares shot up 13% and bullish analysts began to think that the worst was over. Chief Executive Greg Brown noted that Moto will be "adding substantially to its product portfolio" here in the near future, which will hopefully enable it to get a stronger grasp on the number 3 handset maker ranking. During the most recent quarter, the outfit shipped 28.1 million phones to just barely maintain its market share lead over LG, though it remains to be seen if it can keep this up. No pressure Moto, no pressureat all.
[Via RCRWireless]
