Feb. 1 (Bloomberg) -- Motorola Inc., which has lost mobile- phone market share to all of its major rivals, rose the most in almost four years in New York trading after saying it may bow to shareholder pressure and shed its money-losing handset unit.
Chief Executive Officer Greg Brown said yesterday that the Schaumburg, Illinois-based company is exploring its options, including a possible separation of its mobile-devices business.
The announcement pleased investors including billionaire Carl Icahn, who have demanded that the company dispose of the unit. The business, which accounts for about half of Motorola's revenue, lost $388 million last quarter as customers defected to phones from Samsung Electronics Co. and Apple Inc.
``Enough people, from Carl Icahn to many others, have suggested that this is the best thing for Motorola to do,'' said Mark Mowrey, a Laguna Beach, California-based analyst at Al Frank Asset Management, which owns Motorola shares. ``I hope it's not a reaction from the executive side to a lot of the near-term sentiment the company is hearing from investors.''
Motorola jumped $1.11, or 9.7 percent, to $12.61 at 3:31 p.m. in New York Stock Exchange composite trading, the most since April 2004, after rising 13 percent to $12.97 earlier. The stock had fallen 42 percent in the past year before today.
Citigroup Inc. upgraded the shares to ``buy'' from ``hold'' after the announcement.
Motorola's phone shipments plunged 38 percent last quarter after it lost customers to Apple's iPhone and camera phones from Samsung. That brought Motorola closer to losing its spot as the third-largest handset maker in the world.
Icahn's Plan
MOre
http://www.bloomberg.com/apps/news?pid=20601213&sid=aEcnAL7NbrpQ&refer=home
think pretty much the same thing happend when the swedish ericsson
when they sold off their mobile part to merge with sony
http://www.boygeniusreport.com/2008/04/09/htc-posts-impressive-q1-earnings-report/
The company has just posted their 2008 Q1 earnings report, and things seem to be looking pretty good for the Taiwanese manufacturer. The company earned $1.08 billion in the first quarter of this year, which marks a 38.6% increase from the same period last year. Everything isn’t roses and chocolates, however, as they still saw a 16.2% decrease from Q4 of last year, but given the Holiday frenzy we’re inclined to give them a free pass on this one.
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Obligatory: Where are my drivers?!?!?!
by not wasting development time on drivers is how they keep their profits up
wow, you got that on the first try, so obvious to know LOL
Not developing drivers hasn't hit them in the pocket. There is no incentive to make any changes and won't be. We are too small a group to make a big enough difference.
Yeah, but I'm not going to buy another HTC device now when they're new, as I now know they will stitch customers up with not quite right stuff and not fix it.
This will cost them brand loyalty from more people than just me I think.
Probably still too small to impact a profit driven company but allows openings for customer service driven companies. Something that could well be important in the coming recession as people will not want to take expensive chances on their gadgets.
Joe
This is really good news for Microsoft and for WP7. In the article they made mention of Apple's IPhone4 sales of 1.7M in 3days. I don't believe the comparison is justified considering people know what the Iphone was before it launched.
I believe WP7 will do very in 2011 considering over 18000 developers have signed on to build apps for this new platform.
So we have 4200 Apps in 2months and counting on WP Marketplace. Android does not even boast of these numbers when it first launched. It took Google's Android OS about 7-8months to reach those numbers.
See article >>> http://www.slashgear.com/over-1-5m-windows-phone-7-sales-in-first-6-weeks-confirms-microsoft-21120510/
I read it as manufacturers' sales to retailers.
That means you can sell 1.5 million phones but they might all be sitting on shelves in shops and store rooms.
Manufacturer sells to a retailer, I believe that's a sale. It doesnt matter when the phone gets to an end consumer. A sale is a sale.
I like the optimism but these figures don't show traction.
I'm sure that will come provided we get the fabled updates early next year.
digime said:
I like the optimism but these figures don't show traction.
I'm sure that will come provided we get the fabled updates early next year.
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In addition, need I remind you that we are claiming 104apps daily, but this is certain to grow as the months go by. Currently Andriod boasts about 300 daily while Apple boasts about 1000. But this all happens with time.
Like what you said, the updates will give it a boost as well as Verizon and Sprint announced to be involved with the phone as well this coming January to March.
I am just optimistic and I want to see a stronger competition.
Retail giant Tesco has revealed that its sales of Android-based mobile phones has surpassed those of Apple's iPhone on its network.
Tesco Mobile, which offers mobile phone services based on the O2 network, said that iPhone sales were ahead of Android handsets before Christmas 2010, the sales figures equalled out in January, with Android surpassing iPhone in February.
The company said that judging by the current situation, Google's Android platform will grow meteorically in 2011. Apple's introduction of the iPhone 5, likely to be in the middle of this year, will no doubt have a significant affect on Android's market share.
Graham Harris, chief executive officer of Tesco Telecoms and Tesco Mobile, said in a statement “As one of the UK's leading operators, these sales are a useful barometer for smartphone trends. There is a lot of choice in the market and as a result consumers are driving healthy competition between rival operating systems.”
Tesco's announcement comes after a recent smartphone study conducted by research firm IDC revealed that shipments of Android based smartphones to western Europe had grown by 1,580 per cent year-on-year.
The IDC predicts that Android will see a compound annual growth rate of 37% between 2010 and 2015 in western Europe.
Great to know. Love Android
Sent from my PC36100 using XDA App
The International Trade Commission (ITC) on Monday ruled in favor of Apple in its patent battle against HTC, ordering an import ban on certain HTC devices starting April 19, 2012.
HTC will be allowed to import refurbished devices with the infringing patent until Dec. 19, 2013 for replacement purposes, but the company cannot refer to new devices as refurbished, the ITC said in its ruling.
HTC and Apple did not immediately respond to a request for comment.
As patent blogger Florian Mueller explained in a blog post, the ban applies to Android-based devices that including a "data tapping patent." One example of this technology is a phone number within an email that you can tap to bring up the phone dialer and place a call automatically.
"If Google can implement this popular feature, which users of modern-day smartphones really expect, without infringing on the two patent claims found infringed, this import ban won't have any effect whatsoever," Mueller wrote. "Otherwise HTC will have to remove this feature, which would put HTC at a competitive disadvantage as compared to other smartphone makers, including other Android device makers."
In July, an ITC judge found that HTC infringed on two of 10 Apple patents. HTC and Apple both requested reviews in that decision, prolonging the process.
"Apple would have preferred for the Commission to adopt the [administrative law judge's] recommendation, but in the event that a review would take place (as it did), Apple also wanted to raise some questions of its own and asked for another look at the two patents the ALJ did not deem infringed," Mueller wrote today. "But as I expected, the review focused on the two patents the ALJ deemed infringed."
Mueller noted that the ITC found that HTC does not infringe on a "much broader and potentially more impactful patent on realtime signal processing." That, he said, "could have had much more impact on HTC and, more generally, Android than the data tapping patent."
Nonetheless, the ITC ruling is "progress" for Apple, Mueller said. If Cupertino can challenge handset makers on other data-tapping-esque patents, it could "really have competitive impact with its many litigations targeting Android," Mueller concluded.
In addition to the ITC, Apple and HTC are also battling over patents in several courts throughout the world.
Today's decision was twice-delayed. The D.C-based ITC was first scheduled to rule on Dec. 6, but that got pushed to Dec 14 and then today.
Earlier this month, PCMag mobile analyst Sascha Segan suggested that an Apple win is also a victory for Microsoft. For more, see An HTC Android Ban is Microsoft's Dream.
Today's ruling comes several weeks after the ITC ruled that Apple's products don't infringe on patents held by S3 Graphics, a company in the process of being acquired by HTC.
For more from Chloe, follow her on Twitter @ChloeAlbanesius.
zombie.raised said:
The International Trade Commission (ITC) on Monday ruled in favor of Apple in its patent battle against HTC, ordering an import ban on certain HTC devices starting April 19, 2012.
HTC will be allowed to import refurbished devices with the infringing patent until Dec. 19, 2013 for replacement purposes, but the company cannot refer to new devices as refurbished, the ITC said in its ruling.
HTC and Apple did not immediately respond to a request for comment.
As patent blogger Florian Mueller explained in a blog post, the ban applies to Android-based devices that including a "data tapping patent." One example of this technology is a phone number within an email that you can tap to bring up the phone dialer and place a call automatically.
"If Google can implement this popular feature, which users of modern-day smartphones really expect, without infringing on the two patent claims found infringed, this import ban won't have any effect whatsoever," Mueller wrote. "Otherwise HTC will have to remove this feature, which would put HTC at a competitive disadvantage as compared to other smartphone makers, including other Android device makers."
In July, an ITC judge found that HTC infringed on two of 10 Apple patents. HTC and Apple both requested reviews in that decision, prolonging the process.
"Apple would have preferred for the Commission to adopt the [administrative law judge's] recommendation, but in the event that a review would take place (as it did), Apple also wanted to raise some questions of its own and asked for another look at the two patents the ALJ did not deem infringed," Mueller wrote today. "But as I expected, the review focused on the two patents the ALJ deemed infringed."
Mueller noted that the ITC found that HTC does not infringe on a "much broader and potentially more impactful patent on realtime signal processing." That, he said, "could have had much more impact on HTC and, more generally, Android than the data tapping patent."
Nonetheless, the ITC ruling is "progress" for Apple, Mueller said. If Cupertino can challenge handset makers on other data-tapping-esque patents, it could "really have competitive impact with its many litigations targeting Android," Mueller concluded.
In addition to the ITC, Apple and HTC are also battling over patents in several courts throughout the world.
Today's decision was twice-delayed. The D.C-based ITC was first scheduled to rule on Dec. 6, but that got pushed to Dec 14 and then today.
Earlier this month, PCMag mobile analyst Sascha Segan suggested that an Apple win is also a victory for Microsoft. For more, see An HTC Android Ban is Microsoft's Dream.
Today's ruling comes several weeks after the ITC ruled that Apple's products don't infringe on patents held by S3 Graphics, a company in the process of being acquired by HTC.
For more from Chloe, follow her on Twitter @ChloeAlbanesius.
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That might be enough to get me to import my future phones from here on out.
Or leave the USA.
Sent from my HTC PH39100 using XDA Premium App
Hate apple
Sent from my HTC PH39100 using XDA App
I got my EVO 3D from rogers Canada and works perfectly on att. Have my vivid on the backburner til it gets unlocked.
I have no objections to going overseas to get the phones I want
Sent from my HTC EVO 3D X515m using xda premium
Well, that's Apple for you. Make a few innovations, and then sue everyone that makes it better than you.
And I used to be an iPhone guy, but their products are stale and boring now, and without Steve Jobs they're lost. God forbid they try to think up something ACTUALLY NEW again.
This particular patent sounds some what easy to work around, or its not a big deal if HTC drop this feature from the mail client.
I am not sure if they would go after if HTC made this as APP , I am sure touchdown and many other apps also violate this.I think the best option here would be to open source HTC sense code.
It would great for xda dev and HTC too....
HTC Planning Work-Around
In this post on ZDNet, HTC indicates they are planning a work-around. That makes me think that this will drive efforts to get an upgrade out soon(er). The question is whether it will be separate or include ICS. The trick will be to get AT&T to get their act together and deploy it in a timely manner
http://www.zdnet.com/blog/open-sour...ndroid-phones-sales-for-now/10032?tag=nl.e539
In Canada Bell kind of leaked the information that Raider (VIVID) will get ICS in 1st week of March 2012. Its quite possible to see a Beta version leak in early 2012.
its good to see the service provider pushing for for an update with a schedule, At least will Bell Canada it was never this way before.