The Bottom Line
Motorola reported an 84 percent drop in quarterly profits, to $100 million, as a stale product line prompted phone buyers to flock to Apple and Samsung.
Motorola, the largest U.S. cellphone maker, reported an 84 percent drop in quarterly profits, to $100 million, as a stale product line prompted phone buyers to flock to Apple and Samsung. “People want touch screens and full keyboards,” said Morgan Keegan analyst Tavis McCourt, “and Motorola’s challenge over the next year or two is to really reinvent their product lineup.” (Bloomberg)
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
MOST POPULAR ON THE WEEK
- The mystery behind China's aggressive push into space
- Here's the schedule very successful people follow every day
- The 5 best and worst states for a well-lived life
- 7 grammar rules you really should pay attention to
- Why Texas' abortion rates aren't falling as quickly as everyone expected
- What would a U.S.-Russia war look like?
- Yes, Republicans can impeach President Obama
- What religious traditionalists can teach us about sex
- How to save Meet the Press
- The 6 best low-cost smartphones
Subscribe to the Week