Motorola’s Loss Is Apple’s Gain: That $2.1 Billion Sucking Sound Is Coming From the iPhone
Razr anyone? Motorola can’t even give those things away anymore. The once-proud company reported horrible earnings today, with sales down 21% and a net loss of $194 million. But the big takeaway was the 39% collapse in its mobile phone business. Mobile device revenues in the quarter dropped $2.1 billion compared to last year.
Coincidentally enough, that is almost exactly how much Apple made last quarter over the past three quarters on iPhone sales. That figure comes to $2.3 billion (including lumped-in sales of Apple TVs, which likely made up a very small portion of that total).
Comments
One of my favorite graphics ever explains the phenomena thru the lens of social media and consumers talking:
http://tinyurl.com/4cvnqg
TO’B
Posted by tom obrien at April 25th, 2008 at 7:34 am