Motorola ships 3.3 million digital entertainment devices in 3Q09
Thursday, October 29th, 2009SCHAUMBURG, Ill. — Motorola, Inc. (NYSE: MOT) today reported sales of $5.5 billion in the third quarter of 2009. The GAAP earnings from continuing operations in the third quarter of 2009 were $12 million, or $0.01 per share.
Home and Networks Mobility
Home and Networks Mobility segment sales were $2.0 billion, down 15 percent compared to the year-ago quarter. GAAP operating earnings were $199 million, compared to operating earnings of $263 million in the year-ago quarter.
Home Highlights:
- Shipped 3.3 million digital entertainment devices
- Launched next-generation video platform for dynamically managing bandwidth, format and resolution to enable high-quality viewing experience on any device
- Continued weak demand due to U.S. housing market
- Launched next generation video platform to enable higher quality viewing experiences, including 3D TV and multi-format output
- Announced IPTV open application software platform and eco-friendly IPTV set-top series
- Broadened portfolio with new low-end HD digital entertainment device
Unit shipments (millions):
Q3 Q2 Q3 2009 2009 2008 ---- ---- ---- Digital Entertainment Devices 3.3 3.7 4.1
Home Sales by Region:
Q3 Q2 Q3 2009 2009 2008 ---- ---- ---- North America 80% 77% 79% Latin America 6% 6% 10% EMEA 10% 12% 7% Asia 4% 5% 4% ---- ---- ---- TOTAL (billion) $0.9 $1.0 $1.1
More: Earnings Release
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