- Associated Press - Thursday, October 28, 2010

ATTACK OF THE DROIDS: Motorola Inc.’s quarterly revenue rose for the first time in four years, and its phone division posted an operating profit for the first time in three years, on the strength of smart phones like the Droid X.

A NEW START: The turnaround in the phone division sets it up to separate from the rest of the company, which makes police radios and bar-code scanners, early next year.

EMPIRE HITS BACK?: Press reports say Verizon Wireless, which has been a major supporter of Motorola’s new smart phones, will get to sell the iPhone early next year. That could sap Motorola’s newfound vigor, but phone division head Sanjay Jha said he expects Verizon to continue to support the Droid franchise.

LOAD COMMENTS ()

 

Click to Read More

Click to Hide