Latest in 2010

Image credit:

Motorola manages $162 million Q2 profit, turns that frown upside down

Tim Stevens
07.29.10
Share
Tweet
Share

Sponsored Links

It's a good day here, because rather than poor 'ol Sad Moto we get to bust out Happy Moto, as Motorola has released some good news in its Q2 financial report. Earnings were $162 million, up from $26 million this time last year. That sounds like a big jump, but compared to overall sales of $5.4 billion you can see things are still rather tight -- especially since those sales were down from $5.5 billion the year before and all-important mobile device sales figures dropped six percent to $1.7 billion. Also, these numbers were boosted by a "significant legal settlement" valued at $228 million. Maybe intellectual property wasn't the only thing Moto got from RIM?

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Share
Tweet
Share

Popular on Engadget

NordVPN admits to 'isolated' server breach in Finland

NordVPN admits to 'isolated' server breach in Finland

View
Mitt Romney has a ridiculous Twitter alias: Pierre Delecto

Mitt Romney has a ridiculous Twitter alias: Pierre Delecto

View
Netflix's 'The Crown' season 3 trailer shows off the new cast

Netflix's 'The Crown' season 3 trailer shows off the new cast

View
Hyundai is building cruise control that mimics your driving style

Hyundai is building cruise control that mimics your driving style

View
A star died violently and left behind this 'fluffy' ball

A star died violently and left behind this 'fluffy' ball

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr