What $12.5 Billion Buys You These Days
Motorola warned their Q4 numbers would be bad. And boy are they ever. A rundown:
They shipped — shipped, not sold — 5.3 million smartphones in the quarter. As a reminder, Apple sold 37 million.
For the full year, Motorola shipped — shipped, not sold — 18.7 million smartphones. As a reminder, Apple sold 37 million smartphones last quarter.
They shipped — shipped, not sold — 200,000 tablets last quarter. TWO HUNDRED THOUSAND. As a reminder, Apple sold 15 million tablets.
For the year, Motorola shipped — shipped, not sold — 1 million tablets. As a reminder, Apple sold 15 million tablets last quarter.
The company lost $80 million in the quarter — $70 million of that was by the mobile division. The unit lost $285 million for the year.
This is a company that Google is buying for $12.5 billion.
Sanjay Jha is a wizard.
Motorola is a electronics company. Google is a software company. The electronics company can’t sell because they don’t have good guidance. The software company is recognized as being one of the most successful companies in tech. How does this not sound like a perfect idea?
I'm Jessica, if you couldn't tell from the username. I'm your average 22 year old, lost in the world, finding her place kind of girl.