Thursday, October 29, 2009

With Droid, Motorola Has Nowhere to Go But Up

Motorola’s free-fall in the mobile phone space it once dominated continued in the most recent quarter: The company’s wireless revenues fell 46 percent to $1.7 billion during the period as its market share eroded to a mere 4.7 percent. And while Motorola managed to surprise investors by turning a $12 million profit, the plunging handset sales were just the latest in the stumble in the company’s slide toward irrelevance.

The company has joined the crowded Android bandwagon in anSource: GigaOM RSS Feed

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