Motorola Misses Smartphone Sales Predictions
January 9, 2012 7:22 AM
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(Source: Getty Images)
Fails to hit analyst revenue predictions for Q4
It would seem that
Samsung's recent success
in the smartphone market is beginning to take its toll on some of its competitors.
HTC recently posted dismal sales figures
, and the outlook for Motorola Mobility isn't so hot, either.
Citing tough competition and
, Motorola missed sales expectations for Q4. Analysts had predicted at least $3.88 billion in revenue. Motorola delivered $3.4 billion.
As for shipments, the company's early figures show 5.3 million smartphones were sold, of the 10.5 million mobile devices in all.
Motorola said that it would be modestly profitable for the quarter, but did not disclose details.
The full earnings report will be available January 26.
Meanwhile, Google is still in the process of
acquiring Motorola's mobile unit
, which will deepen its own roster of patents while enabling the company to really deliver an Android ecosystem. Google says that it will continue to treat Motorola Mobility as a third-party device maker, and not favor it over Motorola's competitors.
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1/9/2012 3:34:46 PM
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