While Apple and Samsung garnered the most attention for their results last quarter, as usual, Motorola had some impressive numbers to report at well. The Lenovo-owned smartphone manufacturer managed to ship more than 10 million smartphones last quarter, a 118% increase from the year prior.
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Motorola shipped more than 10 million smartphones last quarter
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Published February 3, 2015
TECHi's Take
Motorola shipped more than 10 million smartphones during the last quarter that ended on December 31, 2014. Lenovo Group announced the achievement in its third quarter earnings report for the fiscal 2015. Shipments of Motorola smartphones are up a whopping 118% on an annual basis. The Chicago-based company added a $1.9 billion to the revenue of Lenovo Mobile Business Group. Overall, sales of Lenovo Mobile Business Group were $3.4 bullion. However, the pre-tax income of the division came in at a negative $89 million. Lenovo announced that Motorola is on track to become profitable within 4-6 quarters after the acquisition.
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