Motorola – News Stories About Motorola - Page 3

Patent Battle Breaks Out Between Motorola, RIM

Feb 19, 2008 11:45 AM CST

Patent Battle Breaks Out Between Motorola, RIM

Firms exchange suits after licensing agreement disintegrates

(Newser) - A patent battle has flared between BlackBerry maker RIM and Motorola after the two failed to agree on terms to renew an existing licensing agreement, reports the Wall Street Journal.The friction comes as each company is intruding into the other's turf: Motorola by building Blackberry-like email devices, RIM by...

India Rolls Out $20 Cell Phone

Feb 14, 2008 1:27 PM CST

India Rolls Out $20 Cell Phone

The bare-bones 'people's phone' aimed at the half of Indians who have no mobile

(Newser) - On the heels of India’s $2,400 car comes its $20 mobile handset, the “people’s phone,” the Times of London reports. It has no smart features—not even a screen. “It is just a phone,” says the chairman of Spice Mobile, the phone’s...

Motorola,
Nortel Talk
Joint Venture

Feb 11, 2008 12:53 PM CST

Motorola, Nortel Talk Joint Venture

Latest deal in ailing telecom-equipment industry

(Newser) - Motorola and Nortel are in talks about a possible merger of their wireless-infrastructure units, insiders tell the Wall Street Journal. In the works is a joint venture with Nortel holding a majority stake and likely revenues of around $10 billion from sales of network equipment for wireless phone carriers. The...

Motorola May Sell Ailing Cell Phone Division

Feb 1, 2008 2:50 AM CST

Motorola May Sell Ailing Cell Phone Division

Company struggling against smart phone competition

(Newser) - Motorola, battered by more innovative competitors in the cell phone industry, is considering spinning off or selling its flagship mobile phone division to concentrate on other parts of its business. Motorola, which once rocked the industry with its innovative StarTAC flip phone and the ultra-slim Razr, now plans to refocus...

Motorola Profit Plummets
84% in Q4

Jan 23, 2008 7:25 AM CST

Motorola Profit Plummets 84% in Q4

Mobile-phone maker loses market share to Apple, Samsung

(Newser) - Motorola, blaming loss of market share to Apple and Samsung, today reported a fourth-quarter profit plunge of 84%. The nation’s largest mobile-phone maker said phone shipments fell 38%, and sales fell 18.2%. Reviving its ailing cellphone unit will take longer than expected, Motorola said, forecasting a loss next...

As Razr Loses Edge, Motorola Could Cut Itself

Dec 13, 2007 8:37 AM CST

As Razr Loses Edge, Motorola Could Cut Itself

Top investor wants the struggling company to break up

(Newser) - In an era of rampant telecom convergence, Motorola may be headed the other way. With its once-popular Razr phone leading a money-losing cellphone business, Carl Icahn, the company’s No. 3 shareholder, thinks slicing up the company would create $20 billion in shareholder wealth. The math works, the Wall Street ...

Motorola CEO Zander Will
Step Down

Nov 30, 2007 10:20 AM CST

Motorola CEO Zander Will Step Down

He's been under fire for a year over disappointing results

(Newser) - Motorola's besieged CEO, Edward J. Zander, will step down at the end of the year, the Wall Street Journal reports. Zander, who has been under fire from investors for a year for sluggish growth, will be replaced by current president Greg Brown. Motorola's shares rose in response to the news.

Court Upholds $1B Judgment for Motorola

Nov 22, 2007 4:29 AM CST

Court Upholds $1B Judgment for Motorola

Rejects claim that fraud damages amount to 'economic death sentence'

(Newser) - A federal appeals court has upheld a finding of $1 billion in punitive damages against the Uzan family of Turkey for defrauding Motorola out of $2 billion in start-up loans, the Wall Street Journal reports. The family had argued that the damages were so high that they amounted to an...

Sprint, Clearwire Network Deal Shelved

Nov 9, 2007 8:10 AM CST

Sprint, Clearwire Network Deal Shelved

Collapsed deal heavy blow to Clearwire

(Newser) - An ambitious agreement between Sprint Nextel and Clearwire to built a nationwide WiMax wireless network, reaching 100 million people by late next year, is on the rocks, insiders tell the Wall Street Journal. The transaction apparently collapsed under the weight of its complexities, aggravated by Clearwire's larger-than-expected third-quarter losses and...

Motorola CEO Silences Critics (For Now)

Oct 25, 2007 4:54 PM CDT

Motorola CEO Silences Critics (For Now)

Zander exhales as company reports third-quarter profit

(Newser) - Motorola CEO Ed Zander may have won at least a temporary reprieve from some of the harsh criticism he's endured in recent months, as the largest US maker of mobile phones reported a third-quarter profit today. Evading a straight-up loss through aggressive cost-cutting, Motorola earnings were down 94%, but it...

Early Adopters' Bragging Rights Dwindle

Oct 24, 2007 12:32 PM CDT

Early Adopters' Bragging Rights Dwindle

iPhone-style steep and rapid price drops becoming norm

(Newser) - Only two months after the launch of the iPhone, Apple angered its fan base of early adopters by dropping the phone's price sharply. Apple's move signals a broader shift in product life cycles: the shelf life of bragging rights for which early adopters of new gadgets pay premium prices is...

Nokia Sees Boom in 2nd Quarter

Aug 2, 2007 1:31 PM CDT

Nokia Sees Boom in 2nd Quarter

Phone giant steals share from Motorola

(Newser) - Cellphone leader Nokia’s sales rose 29% in the second quarter, the most in five quarters, and its profit more than doubled as it stole market share from Motorola, Bloomberg reports. The Finnish company’s stock hit a 5-year high today as shares jumped 9.3% to 22.50 euros.

Motorola Chief Walks On
Razr’s Edge

Jul 12, 2007 11:22 AM CDT

Motorola Chief Walks On Razr’s Edge

Second straight quarterly loss fans firing flames for Zander

(Newser) - Motorola posted its second consecutive quarterly loss yesterday, amplifying calls for the ouster of CEO Ed Zander. Despite the popularity of the Razr handset, the company has likely ceded its second-place position in the cellphone wars to Samsung, and now analysts are doubting it'll turn a profit this year.

Motorola's Razr Cuts
Both Ways

Apr 27, 2007 9:08 AM CDT

Motorola's Razr Cuts Both Ways

Slumping cellphone maker learns a lesson about putting all its eggs in one basket

(Newser) - Riding high on the success of its sleek Razr cellphone, Motorola got cocky and didn't come up with a suitable successor, the Wall Street Journal reports, and the misstep cost the company big bucks. While Motorola struggled to keep up with emerging technology and wrestled with management upheaval, competitors moved...