Motorola’s Future Plans and Q3 Financial Report

motorola future handsets 2009 q3 financial results

Motorola is on its way to recovery thanks to Google that supported Motorola with the Droid Idea. Now with things improving for Motorola, the first brand ever to develop a mobile handset is readying 20+ smartphones for 2010. This information was confirmed by Motorola CEO Sanjay Jha at a Droid press announcement. Motorola will have to maintain a balance between releasing WinMo 6.5 and Android powered handsets for getting monotonous with either of the two will definitely not be healthy for a freshly rejuvenated unit.

Amidst all this, Motorola has made public its financial reports for Q3 2009 and the signs are positive as the net income has risen to $12 million compared to the astounding $397 million loss in the same quarter last year. The overall revenue dropped to $5.45 billion compared to $7.48 billion in Q3 2008. Motorola is sure to experience an upward trend in these numbers given the fact that the Droid is slated for a release next week and it has many more interesting handsets lined up for 2010

Courtesy: Gearlog/ MW

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