Thursday, July 28, 2011

Motorola Mobility Beats The Street, Shipped 440k Xoom Tablets, 4.4M Smartphones In Q2

Motorola Mobility just released its Q2 earnings and it's loaded with fun stats. First off, the company posted $3.3 billion in net revenue with non-GAAP earnings of nine cents a share. That's up 28% over last year's second quarter and beats the Wall Street's estimate of just six cents a share. The company also realized a GAAP net loss of $56 million compared to a net earnings of $80 million in 2010.

Over that time period Motorola Mobility managed to ship 11 million devices including 4.4 million smartphones and 440,000 Xoom Android tablets. That's up from 8.3 total devices last year . Part of this growth came from the Latin America and China markets where revenue grew 40% and sales more than doubled from the previous year. Note, the company reported shipments rather than sales to consumers.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/B3CpfUYJPJI/

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