Motorola has just published its Q4 and full 2010 results and they suggest the worst might already be behind the company. he company has sold mobile phones worth $2.4 billion and generated $72 million of net profit. Those numbers compare very favorably to the $1.8 billion revenue and $132 of loss that the company scored in the last quarter of 2009.
The good holiday quarter results have also helped reduce the loss for the full 2010 down to "only" $86 million. We'll remind you that in 2009 the mobile division of Motorola (which is now a separate company) lost over $1.3 billion so we're definitely looking at an improvement here.
In Q4 of 2010 Motorola shipped 11.3 million handsets (including 4.9 million smartphones) bringing the full 2010 tally to 37.3 million. In Q4 of 2009 Motorola only shipped 2 million smartphones so the company's obviously achieved some serious growth there.
Of course, one would expect such growth, considering that the company launched 23 Android-running smartphones in the past year alone. They are now expecting to fortify their position as one of the leading Android manufacturers with handsets such as the Tegra 2-powered Motorola Atrix, the CDMA-lovingDroid Bionic and the Xoom Honeycomb tablet.
The Motorola CEO used the occasion to reveal the target release dates of some of the company's new handsets. The AT&T-bound Atrix and the Verizon-heading 3G Xoom should come at the end of February, while the Bionic and the LTE-enabled version of the Xoom should arrive by the end of June.
For Q1 of 2011 Motorola expects lower sales and a net loss of $26 to $62 million.
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