Motorola ships 3.3 million digital entertainment devices in 3Q09

Thursday, October 29th, 2009
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SCHAUMBURG, 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