Motorola has just posted their Q3 financial report, and while their Enterprise Mobility Solutions and Home and Networks Mobility segments performed decently, their Mobile Devices unit still has a lot of catching up to do.
Motorola shipped a total of 13.6 million handsets accounting for 4.7% market share. That basically amounts to $1.7 billion in handset sales, and even though that figure looks impressive, that’s actually a huge 46% drop from what they were able to accomplish in the same quarter last year. On a positive note, though, GAAP operating loss was limited to only $183M, a remarkable improvement from the $840M loss in Q3 of 2008. Compared to the previous quarter, operating loss was also reduced by a significant 28% from a high of $256 million. Earning from their Enterprise Mobility Solutions and Home and Networks Mobility segments weren’t as high as the previous year, but at least they didn’t record any losses in these areas. The full press release can be found here.
With two Motorola Android phones now official, the Cliq and Droid (which has received wide praise even before it hits the market), and an upcoming one in the form of the Motorola Calgary, the future looks bright for the struggling US-based phone manufacturer.