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Motorola touched 8,87$ with Q2 Profits

Written by M. Hussein on July 31, 2008 – 2:45 pm

Motorola reported today nice and surprising 2Q profits, above the expectatives. The home-entertainment, public safety units and the wireless-phone division explains the gains. In the second quarter, Motorola reported net income of $4 million, or break even per share, up from a year-earlier loss of $28 million, or 1 cent a share. These aren’t great profits but what matters it the fact of those being above the analysts predictions.

Sales dropped 7.4% to $8.1 billion from $8.73 billion a year earlier. Analysts were expecting the company to lose 4 cents a share on revenue of $7.72 billion.
Despite this profit the sales are dropping and the main reason (according to the analysts) is related to the “old” design of Motorola mobile phones when compared to Apple, Nokia or Samsung phones.
The handset unit posted an operating loss of $346 million, compared with an operating loss of $332 million a year ago. The division, which lost $1.2 billion in 2007, has already lost $764 million in the first half of this year.
Mobile sales fell 22% to $3.3 billion from the year-ago quarter. The mobile unit accounted for just 41% of total sales, compared with as much as two-thirds of Motorola’s revenue a few years ago.
At the moment Motorola is quoting at 8,65, with a high in the Pre-Market at 8,87$. Let me remind you that the shares closed yesterday at 7,68$!!!!
Pre-Market Activity
08:40 $ 8.65 250,000
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08:40 $ 8.67 1,000
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08:40 $ 8.67 500
08:40 $ 8.67 1,000
08:40 $ 8.67 500
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08:40 $ 8.67 100
08:40 $ 8.67 1,000
08:40 $ 8.67 1,000
08:40 $ 8.67


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LG announces DVB-T phone HB620T

Written by Meraj Chhaya on May 14, 2008 – 3:19 pm

DVB-h is a technology which is still being implemented across many countries and is only available in very few. DVB-T is a different story and is becoming a standard in many countries for TV transmission, and this is where LG can profit.

Read more »


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LG phone design competition - 10G up for grabs

Written by Meraj Chhaya on April 21, 2008 – 3:57 pm

Nokia had come up with such a competition just when 3G phones started to appear, and some of the designs might have given birth to few of the NSeries that we know today. The same can happen with LG, a talented and creative designer can picture a phone or submit a phone he’s dreaming all his life to LG, and a year later, see it in real life.

Source: LG via Gizmodo


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LG Touch Web Phone coming soon?

Written by Meraj Chhaya on March 20, 2008 – 8:57 pm

If Nokia doesn’t release phones with decent resolution, it doesn’t mean that LG can’t.

The LH2300 Touch Web only seems to be available to Korea and other parts on Asia, I say this because it features T-DMB, and not DVB-h which was standardised by the European Union.

The phone also boasts 3G connectiviy, and of course the best part of it: 800×480 resolution for a touchscreen. There is a 3 megapixel camera with an obvious autofocus, anti-shake, and face recognition.

To finish, there is Bluetooth v2.0, hopefully with A2DP, and a microSD slot.

Source: IntoMobile

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Mobile World Congress last goodbye

Written by Meraj Chhaya on March 5, 2008 – 2:30 pm

This is the time when I look back and I post over 40 articles written about what is the best mobile phone show on earth. This time I didn’t get to go, but all the effort that was done by everyone else, is portrayed in each of these articles, thanks to all! The articles are in date order, the oldest to newest one. Now you have something to do for the next "work" hour.


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