Bad news for all you INVSTRS out there: Motorola sales are sinking and it’s not subtle. The telecom giant has posted a loss of a whopping $181 million for Q1 alone. Decreasing sales of mobile handsets contributed greatly as sales have declined 15% to only $5.4 billion.
I’m really surprised Motorola didn’t see this coming. You can only keep releasing the same slimmed down handset with a crappy UI so many times. Consumers want innovation (a la the iPhone), new technology, and exotic designs. Motorola better start making some radical changes if they hope to remain a fierce competitor in the mobile marketplace.
Motorola posts loss, sales of mobile devices slip [News.com]