NEW YORK: US mobile phone maker Motorola reported its first revenue growth in nearly four years and better-than-expected sales of Android smartphones.
Motorola reported a net profit of $109 million in the third quarter compared with $12 million a year ago.
Revenue grew 6 per cent to $5.8 billion as the Illinois-based company notched its first quarter of growth since the fourth quarter of 2006.
Mobile phone division revenue increased 20 per cent to $2 billion and the division had an operating loss of $43 millions compared with an operating loss of $216 million a year ago.
Excluding extraordinary items, Motorola's mobile phone division, which is to be spun off from the rest of the company next year, posted an operating profit of $3 million.
Motorola said it shipped 9.1 million handsets during the July to September period including 3.8 million smartphones powered by Google's Android operating system, more than expected by analysts.
"In the third quarter, Motorola Mobility showed positive momentum across the business, with Mobile Devices reaching profitability for the first time in over three years," Motorola co-chief executive Sanjay Jha said.
" Droid X continues to sell extremely well," Jha said. "And we have had several other successful smartphone launches globally, including the Droid 2, the Ming series in China, as well as a well-received introduction of our enterprise-ready Droid Pro," he said.
Motorola plans to split its businesses in the first quarter of next year, separating products for consumers from its professional equipment division. The mobile and home entertainment devices division will operate as Motorola Mobility.
The other company, Motorola Solutions, will consist of its enterprise mobility solutions, which include two-way radios, mobile computers, secure public safety systems and scanners.
Motorola enjoyed success with its popular Razr phone launched in 2005 but has been losing ground since to Apple, Canada's Research in Motion, maker of the Blackberry, and other major cell phone manufacturers.
Jha has been counting on smartphones running Android to help turn around the company's flagging fortunes and Motorola has launched 22 Android-based devices this year.
Read more: Android makes Motorola profitable after 4 years - The Times of India http://timesofindia.indiatimes.com/Tech-News-Telecom/Android-makes-Motorola-profitable-after-4-years/articleshow/6833580.cms#ixzz13kLbGxEs
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