www.WirelessFederation.com/news: The U.S. handset maker, Motorola has announced a profit of $69 million in the first quarter of 2010 as compared to a loss of $231 million in the first quarter of 2009. Even the operating loss of the company narrowed from $545 million on March 31, 2009 to $192 million during March 31, 2010.
The first-quarter operating profit at Moto’s networks division rose to $112 million from $62 million while earnings at its enterprise mobility arm surged to $141 million from $66 million
9% Decline in the revenue of the company has been reported from $1.80 billion in Q1 2009 to $1.64 billion. Even the overall device shipments sank 42% to 8.5 million from 14.7 million a year earlier.
The company’s average selling price (ASP) rose from $169 to $194 owing to continued focus on smartphones. The handset vendor also introduced six new devices and according to co-CEO and head of mobile devices Sanjay Jh, Moto plans to launch 20 Android-powered smartphones in total during 2010.
