Motorola Mobility sees slowdown in Verizon sales (AP)

Wednesday, January 26, 2011 6:01 PM By dwi

NEW YORK – The CEO of Motorola Mobility Holdings Inc., the radiophone sound concern that fresh broke absent from Motorola, on weekday said the consort is already seeing a delay in income of its phones in Verizon stores, as consumers are inactivity for the move of the Verizon iPhone.

The danger to Motorola Mobility's phones comes just as the consort is stagnant on its own legs, having separate absent from the rest of Motorola on Jan. 4.

The consort on weekday reportable a acquire for the ordinal quarter, its second straightforward acquire after eld of onerous losses. But it warned that it module inform a loss still again for the underway quarter.

"I conceive that we hit seen whatever delay as a termination of the declaration at Verizon," CEO Sanjay Jha told analysts on a word call.

Motorola, erst the world's second-largest concern of phones, has suffered for eld as its phones couldn't acquire the popularity of the Razr. It's look its readying on "smart" phones aforementioned the Droid that run Google Inc.'s Android software.

That strategy has been working, with a aggregation of help from Verizon Wireless, which has been promoting the Droid distinction as an alternative to AT&T Inc.'s iPhone. But digit weeks ago, Verizon addicted long-running rumors, and said it module move selling the iPhone on Feb. 10.

Jha said it's not a given that consumers heading to Verizon stores to acquire an iPhone module come backwards discover with an iPhone.

"As the consumers come into the store, they module wager a choice, and I conceive instance module verify what proportionality of those 'door swings' module alter into what sort gets purchased," Jha said.

Motorola said it had net income of $80 million, or 27 cents per share, in the October to Dec period. That compares with a loss of $204 million, or 69 cents per share, in the previous year, and a daylong string of losses before that.

Excluding one-time items, earnings were 37 cents per share, beating the cipher judge of analysts polled by FactSet by 1 cent.

The Libertyville, Ill., consort posted $3.43 1000000000 in revenue, up 21 proportionality from $2.82 1000000000 a assemblage ago.

Motorola said it expects a loss of 9 cents to 21 cents in the prototypal quarter. Analysts were expecting a acquire of 1 coin per share.

Its shares lapse $2.38, or 7 percent, to $32.45 in extended trading, after the promulgation of the report.

Motorola shipped 4.9 meg sharp phones in the quarter, up from 2 meg in the aforementioned lodge a assemblage ago, when it launched the prototypal Droid phone.

Motorola shipped 11.3 meg of every types of phones in the ordinal quarter, downbound slightly from 12 meg a assemblage ago. Among North dweller sound makers, both Apple Inc. and Research In Motion Ltd., the concern of the BlackBerry, delude more phones.

Motorola is among the companies hoping to emulate Apple's success with the iPad. It's set to promulgation its prototypal paper computer, the Xoom, in February. It module hit a 10.1-inch touch screen, digit cameras and the ability to play Flash videos, which the iPad does not.

The residual of the "old" Motorola is called Motorola Solutions Inc. and makes barcode scanners, police radios and another equipment intermeshed to joint and polity users. It reports fourth-quarter results on Thursday.

The separate into digit companies was motivated by the desire to present digit simple stories to investors kinda than digit complicated one. It was planned in 2008, but then place soured as the economy soured and Motorola's sound income continuing to collapse.


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