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Motorola in the black for first time in three years
Motorola made money from its phones for the first time in more than three years in the third quarter, helped by smartphones running Google Android software.
Motorola’s total third-quarter profit rose to $109m (£68.4m), or five cents per share, from $12m , or one cent per share, a year earlier. Revenue rose six per cent to $5.8bn, compared with Wall Street expectations of $5.66bn.Since the end of 2006, Motorola has been losing out to rivals such as Apple, Nokia and Samsung due to the lack of stand-out phones after its once-lauded Razr matured.
But in the third quarter it shipped 9.1m phones.