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
- Why Pakistan won't hunt down the terrorists within its borders
- Sorry, GOP, tax cuts don't pay for themselves
- How academia's liberal bias is killing social science
- Pope Francis' American problem
- 43 TV shows to watch in 2014
- How to be the most productive person in your office — and still get home by 5:30 p.m.
- Are there dogs in heaven? Let's hope not.
- Diagnosing the Home Alone burglars' injuries: A professional weighs in
- 10 things you need to know today: December 19, 2014
- What is Molly? Everything you need to know about the party drug
Subscribe to the Week