By Motorola has just announced their financial results from the fourth quarter of 2011. They reported $3.4 billion of net revenue, up slightly from the same quarter a year ago. That puts them at $13.1 billion on the year, a 14% increase over 2010. “$225 million and $357 million in the fourth quarter and full year, respectively,” the statement reads.
The sale of 5.3 million smartphones in the fourth contributed to these numbers. It’s a telling number for how well Android is doing for Motorola as Motorola has pretty much been selling smartphones with the operating exclusively.
They sold 18.7 million smartphones on the year. Motorola also let us in on their tablet numbers for the year and they totaled 1 million, pretty impressive considering how relatively new the Android tablet market is. 200,000 of those tablets were sold in the final quarter of 2011.
Motorola specifically pointed out the Motorola RAZR and Motorola DROID RAZR receiving positive consumer response, likely due to the device’s extremely thin build quality, powerful hardware and the iconic RAZR branding.
All in all, they’re doing alright for themselves and they are looking forward to seeing how their future will look with hopeful and/or eventual Google ownership. Head to the source link for their full financial results. [Motorola]
Your hed’s wrong –
Motorola Mobility Announces 1 Million Tablets Sold in 2011, 4.3 Million Smartphones Sold in Q4’11
“The sale of 5.3 million smartphones in the fourth contributed to these numbers. I”
I like the direction they are taking with the RAZR. I hope that Google will help them get into new markets and cut costs.
“all in all, they’re doing alright for themselves”? They may have had revenues of $3.4 billion but they posted a loss of $80 million. That doesn’t sound too good to me, what’s with the spin?
Love my bionic gotta love the wait seems to be bug free