The quarterly Motorola exceed expectations
Posted by admin | Under blog, business success, corporations, marketing, profitable Thursday Jul 29, 2010Motorola profit and publishes a quarterly sales above Wall Street expectations, greeted by a rise in its pre-market action.
The American group as it prepares to split into two operations in early 2011, has achieved the second-quarter earnings of $ 162 million or seven cents per share, against 26 million (one cent per share) for the same period the last year.
Excluding items, earnings per share came to nine hundred, while analysts were expecting EPS of eight hundred according to Thomson Reuters I / B / E / S.
Turnover fell to 5.414 billion dollars against 5.497 billion in the second quarter of last year, but it exceeds the market consensus, which gave 5.19 billion.
Motorola shipped 8.3 million mobile phones in April-June, 2.7 million smartphones equipped with the Android operating system developed by Google.
Analysts were expecting deliveries of 8.13 million units with 2.69 million smartphones by seven analysts polled by Reuters.
In the first quarter, Motorola had shipped 2.3 million smartphones for a total of 8.5 million handsets shipped.
The action group has risen by 3.5% in pre-market trade to $ 7.95.