Detailed message: Motorola quarterly net profit of 142 million U.S. dollars
Source: Internet
Author: User
KeywordsNet profit Motorola Smartphone 2010
Beijing time January 28 Evening News, according to foreign media reports, Motorola released today the fourth quarter of 2009 and the full year financial report. Earnings showed that Motorola's fourth-quarter revenue was 5.7 billion U.S. dollars, with a net profit of $142 million. Motorola's performance in the fourth quarter of last year was slightly better than analysts had expected, and its Android phone sales were doing well. The data showed Motorola sold 2 million smartphones in the quarter, up from Wall Street expectations. However, Motorola also said it would suffer losses in the first quarter of 2010. That expectation led to a fall in Motorola stock prices in the US stock exchange in Thursday. Analysts had generally expected Motorola to make a profit this quarter. In the fourth quarter of 2009, Motorola's net profit was $142 million, or 6 cents a share, according to earnings reports. The same period in 2008 was a loss of $3.66 billion, or $1.61 per share. Without taking into account non-recurrent spending, Motorola's earnings per share were 9 cents for the quarter, above analysts ' average of 8 cents. In the fourth quarter of 2009, Motorola revenues fell by about 20% to $5.7 billion a year. This is in line with the average analyst's expected $5.94 billion trillion after considering 200 million dollars in revenue from smartphone sales. Motorola sold 12 million handsets in the fourth quarter of 2009, while analysts on average expect Motorola to sell 14.8 million handsets in the quarter. Last year, Motorola canceled a variety of mobile phone development plans, Motorola co-CEO Sanjay Sanjay JHA Mobile phone business development in the Android system. Motorola said handset sales were 1.8 billion U.S. dollars in the fourth quarter of 2009, down 22% from a year earlier, but above 1.7 billion in the third quarter. Sanger Jiazeng said Motorola would make a profit for at least a quarter in 2010. But Motorola now expects a loss of 1 to 3 cents per share in the first quarter of 2010, including about 4 cents of intangible asset amortization and share compensation costs. Tavis McCourt, analyst Tavis Maicaute Morgan Keegan, said Motorola smartphone sales in the fourth quarter exceeded their expectations, but corporate operations, as well as set-top box and network equipment operations, were slightly less than expected. "This is a mixed quarter for Motorola," he says. But the most important smartphone business is doing well. "(D-Gold)
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