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View Full Version : Motorola sold 2.7 million smartphones, earned $167 million in Q2



wuyanks
07-29-2010, 10:09 AM
http://i31.tinypic.com/8xst1v.jpg


Today, Motorola announced its second quarter report of 2010, and thanks to strong smartphone sales and improved brand image, earned a cool $167 million in Q2, or $0.07 per share. This is much improved compared to Q2 of 2009, where Motorola only earned $26 million. Ironically enough, mobile sales in total were down 6% to $1.7 billion, when compared to last year's Q2. Furthermore, during the second quarter of 2010, Motorola managed to sell 2.7 million smartphones, and 8.3 million mobile handsets in total.

Motorola's recent highlights include a successful launches of its Droid X, i1 (first push-to-talk smartphone), FlipOut, and Charm, as well as the launch of its SHOP4APP app market in multiple countries. Here's Sanjay Jha, CEO of Motorola Mobility, on the matter:


"The Droid X launch has been very well received and is seen as one of the best smartphones in the market today with a 4.3 inch high-resolution display, Adobe flash and an 8 megapixel camera. As we continue to execute on our business strategy, we are in a strong position to continue improving our share in the rapidly growing smartphone market and improving our operating performance," said Sanjay Jha, Motorola co-chief executive officer and CEO of Motorola Mobility. "The Mobile Devices and Home businesses remain focused on developing next-generation products to capitalize on the convergence of mobile experiences and home entertainment." CEO Jha expects to have 20 smartphones on the market, and 12 to 14 million sold, by the end of the year.

Note, the Droid X was released in Q3, not Q2, so the Q2 earnings don't reflect Droid X sales. This will be found in the Q3 report.

via Android Central (http://www.androidcentral.com/motorola-sells-27-million-smartphones-q2-162-million-earnings-overall)
Source: Motorola (http://investor.motorola.com/releasedetail.cfm?ReleaseID=493884)

Ack
07-29-2010, 10:14 AM
So how many Droid X's have been sold?

wuyanks
07-29-2010, 11:10 AM
OP edited.

No mention of Droid X sales figures.

FireHazard
07-29-2010, 08:45 PM
Why can we not find Droid X sales from the first day or even week? I have a bet with a friend who has an EVO that more Droid X's were sold than Evo's on the first day.

SuRG
07-29-2010, 10:12 PM
I've seen stuff online about there was I think about a 25 thousand DXs in a warehouse somewhere and the week before launch, the number went down to only about 10 thousand (Shipped out to stores most likely). As they are back ordered, I assume it must be at least 25 thousand. I'm guessing more, but that is the only info I can go off of. The link is below.

Confirmed: Limited Stock of DROID X to be Available on Launch | Droid Life: A Droid Community Blog (http://www.droid-life.com/2010/07/12/confirmed-limited-stock-of-droid-x-to-be-available-on-launch/)

BOWIE
07-29-2010, 10:27 PM
This week, i saw (several times on yourtube and in online forums) many mentions of 700,000 DX units sold on opening day. However, I don't know where these people got their info from.
This analyst speculates that 300,000 units were sold;
Sour Apple Tastes Sweet to Android Camp - Story Analysis by BuzzBox (http://www.buzzbox.com/news/2010-07-19/apple:july/)

FireHazard
07-30-2010, 08:56 AM
I've seen stuff online about there was I think about a 25 thousand DXs in a warehouse somewhere and the week before launch, the number went down to only about 10 thousand (Shipped out to stores most likely). As they are back ordered, I assume it must be at least 25 thousand. I'm guessing more, but that is the only info I can go off of. The link is below.

Confirmed: Limited Stock of DROID X to be Available on Launch | Droid Life: A Droid Community Blog (http://www.droid-life.com/2010/07/12/confirmed-limited-stock-of-droid-x-to-be-available-on-launch/)


lol, I hope its more than 25,000. Every sprint retailer got around 50, and every Best Buy got at least 25 units. That means that there are only about 333 Best Buy and Verizon stores in the entire USA.

BOWIE
07-30-2010, 07:27 PM
lol, I hope its more than 25,000. Every sprint retailer got around 50, and every Best Buy got at least 25 units. That means that there are only about 333 Best Buy and Verizon stores in the entire USA.

Actually, it was reported by many, many people that they local BestBuy received only 2 units. I do agree that it's likely over 25K though.

Mitch13
08-01-2010, 12:49 AM
goodbye iphone?

SuRG
08-02-2010, 01:01 PM
Numbers have come in. They sold 300K DXs during the first week. I wish they had more in stock so they could rival those iph*ne numbers on it launch. Then again, take out the apple fanboi and they may even out.

FireHazard
08-02-2010, 02:12 PM
Numbers have come in. They sold 300K DXs during the first week. I wish they had more in stock so they could rival those iph*ne numbers on it launch. Then again, take out the apple fanboi and they may even out.

Where did you read that? The Best Buy near me got around 20, and I am sure that there were some that even got more than that. I was just using 25 as a ballpark guess.

SuRG
08-03-2010, 12:10 AM
Sorry, should have posted this. Wish I could find a more high profile site but there are a few if you just do a google search. Here (http://moretechnews.com/news/cellular/5401006/verizon-activated-300000-motorola-droid-x-phones-in-the-first-week.htm)