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Moto�s Q3 Profit Jumps 79%


 
 
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Old 10-19-2005, 09:00 PM
Jerry Raia
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Default Moto�s Q3 Profit Jumps 79%
http://www.redherring.com/Article.aspx?a=14047&hed=Moto%E2%80%99s%20Q3%20Profit%26nbsp%3BJumps%2079%25§or=Industries&subsector=Communications

"Motorola said Tuesday its third-quarter profit from continuing operations rose 79 percent, exceeding Wall Street�s expectations, on strong sales of cell phones, particularly its hit RAZR model. The world�s No. 2 cell phone maker said profit excluding special items rose to $764 million, or $0.30 per share, from $426 million, or $0.18 per share, a year ago. Analysts had expected earnings of $0.28 per share, according to a survey of 34 estimates surveyed by Thomson Financial."

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It is funny to me that the one phone carrying the day for Moto is the RAZR which is basically a StarTac with a new suit. Other than a color screen and a pretty face it has nothing new. It is a decent phone and it should be. They have had 10 years to get it right. Now how about making a Smartphone that doesn't stink Moto!
 
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