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Motorola MOTOACTV now likes Ice Cream Sandwich, to its nutritionists dismay

Wednesday, May 2nd, 2012


Motorola is pushing out an update for the MOTOACTV that’ll improve the dinky machine’s calibration with heart rate monitors and improved media selection. Golfers who plumped for the tailored edition of the unit will find links-friendly features like better score tallies and longer-distance club suggestions. The concomitant mobile app also gets a bump to make the unit compatible with Ice Cream Sandwich handsets — although we’d suggest avoiding too many sugary snacks if you’re off for a run.

Motorola MOTOACTV now likes Ice Cream Sandwich, to its nutritionists dismay originally appeared on Engadget on Wed, 02 May 2012 05:31:00 EDT. Please see our terms for use of feeds.

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Motorola posts $86 million Q1 loss, tops revenue estimates

Tuesday, May 1st, 2012

Motorola posts $86 million Q1 loss

Motorola Mobility on Tuesday reported its financial results for the first quarter. The struggling vendor managed $3.08 billion in sales, narrowly topping Wall Street’s $3.03 billion revenue estimates as Motorola continued to work toward the finalization of Google’s $12.5 billion acquisition. Motorola’s loss of $0.28 per share, or $86 million, missed analysts’ consensus by a penny per share, however. Revenue from the company’s mobile division increased 3% as Motorola shipped 5.1 million smartphones in the quarter, but total device shipments slid to 8.9 million units as demand dropped following the holidays. ”The introduction of RAZR MAXX marked another successful addition to the Motorola product family and contributed to our growth in smartphones,” Motorola Mobility CEO Sanjay Jha said. “Our Home business delivered another solid quarter highlighted by improvement in year-over-year profitability. We continue to work closely with Google to complete the proposed merger during the first half of the year.” Motorola’s full press release follows below.

Motorola Mobility Announces First Quarter Financial Results

LIBERTYVILLE, Ill., May 1, 2012 /PRNewswire/ –

First Quarter Financial Highlights

  • Net revenues of $3.1 billion
  • Non-GAAP net loss of $0.03 per share compared to net loss of $0.08 per share in first quarter 2011; GAAP net loss of $0.28 per share compared to net loss of $0.27 per share in first quarter 2011
  • Mobile Devices net revenues of $2.2 billion; Non-GAAP operating loss of $85 million; GAAP operating loss of $121 million
  • Shipped 8.9 million mobile devices, including 5.1 million smartphones
  • Home net revenues of $884 million; Non-GAAP operating earnings of $91 million; GAAP operating earnings of $68 million

Click here for printable press release and financial tables.

Motorola Mobility Holdings, Inc. (NYSE: MMI) today reported net revenues of $3.1 billion in the first quarter of 2012, up 2 percent compared to the first quarter of 2011. The GAAP net loss in the first quarter of 2012 was $86 million, or $0.28 per share, compared to a net loss of $81 million, or $0.27 per share, in the first quarter of 2011. On a non-GAAP basis, the net loss in the first quarter 2012 was $10 million, or $0.03 per share, compared to a net loss of $25 million, or$0.08 per share, in the first quarter of 2011.

The Company had operating cash outflow of $98 million in the first quarter. Total cash at the end of the quarter was $3.5 billion and includes cash, cash equivalents, and cash deposits.

Details on non-GAAP adjustments and the use of non-GAAP measures are included later in this press release and in the financial tables.

“The introduction of RAZR™ MAXX marked another successful addition to the Motorola product family and contributed to our growth in smartphones. Our Home business delivered another solid quarter highlighted by improvement in year-over-year profitability,” said Sanjay Jha, chairman and chief executive officer, Motorola Mobility. “We continue to work closely with Google to complete the proposed merger during the first half of the year.”

Operating Results

Mobile Devices net revenues in the first quarter were $2.2 billion, up 3 percent compared with the year-ago quarter. The GAAP operating loss was $121 million compared to an operating loss of $89 million in the year-ago quarter. The non-GAAP operating loss was $85 million compared to an operating loss of$61 million in the year-ago quarter. The Company shipped a total of 8.9 million mobile devices in the first quarter, including 5.1 million smartphones.

Mobile Devices highlights:

  • Launched RAZR™ MAXX, the longest-lasting 4G LTE smartphone, allowing customers to talk for over 21 hours on a single charge, and DROID 4 by Motorola, the thinnest and most powerful 4G LTE QWERTY smartphone.
  • Expanded budget-friendly smartphone portfolio in China, Europe, and Latin America with the introduction of MOTOLUXE, a slim touchscreen device and Motorola DEFY MINI, the ideal “life proof” device for the active consumer.
  • Teamed up with Bubba Watson, four time PGA Tour winner, including the 2012 Masters  to introduce MOTOACTV Golf Edition, a cutting-edge GPS golf tracker, virtual caddy and online clubhouse.

Home segment net revenues in the first quarter were $884 million, down 2 percent compared with the year-ago quarter. GAAP operating earnings improved to$68 million, compared to $53 million in the year-ago quarter. Non-GAAP operating earnings were $91 million compared to $81 million in the year-ago quarter.

Home highlights:

  • Introduced Connected Home Gateway, the industry’s first plug-and-play solution for home monitoring and control services.
  • Provided equipment and services to Asian Broadcasting Network for launch of Malaysia’s most advanced digital cable TV network.
  • Industry recognition of our Medios multi-screen software portfolio including SecureMedia® named “Best Rights and Asset Management Solution” at 2012 IPTV World Forum.
  • Announced global distributor and integrator agreement with Edgecast’s Content Delivery Network platform, enabling advanced multi-screen service delivery to consumers.

Merger Update

As previously announced on August 15, 2011, Motorola Mobility and Google Inc. (“Google”) (NASDAQ: GOOG) entered into a definitive agreement for Google to acquire Motorola Mobility for $40.00 per share in cash, or a total of approximately $12.5 billion.

Motorola Mobility and Google continue to work closely with the authorities in China for approval on the acquisition. The transaction has been investigated and cleared without conditions in all other jurisdictions with pre-closing clearance requirements. We continue to expect the transaction to close during the first half of 2012.

For more information on the proposed merger, please visit

Conference Call and Webcast
In light of the pending acquisition of the Company by Google, the Company does not conduct a financial analyst conference call or webcast following the release of its earnings information nor provide financial guidance. To access the first quarter results and other financial information, please visit

Consolidated GAAP Results
A comparison of results from operations is as follows:

First Quarter
(In millions, except per share amounts) 2012 2011
Net revenues $3,078 $3,032
Gross margin 754 755
Operating loss (70) (36)
Loss before income taxes (69) (51)
Net loss ($86) ($81)
Basic loss per common share ($0.28) ($0.27)
Diluted loss per common share ($0.28) ($0.27)
Weighted average common shares outstanding
    Basic 302.4 294.7
    Diluted 302.4 294.7

Non-GAAP Adjustments for first quarter 2012 and 2011

First Quarter
Per Share Impact 2012 2011
GAAP Loss per Common Share ($0.28) ($0.27)
Merger-related costs * 0.06 ——
Stock-based compensation expense 0.16 0.14
Intangible assets amortization expense 0.04 0.05
Total Non-GAAP Adjustments ** 0.25 0.19
Non-GAAP Loss per Common Share ($0.03) ($0.08)


*  Merger-related costs primarily consisting of legal and banking fees.

** Earnings or loss per share (EPS) impact may not add up due to rounding.

Use of Non-GAAP Financial Information
In addition to the GAAP results included in this presentation, Motorola Mobility also has included non-GAAP measurements of results. Motorola Mobility has provided these non-GAAP measurements to help investors better understand Motorola Mobility’s core operating performance, enhance comparisons of Motorola Mobility’s core operating performance from period to period, and allow better comparisons of Motorola Mobility’s operating performance to that of its competitors. Among other things, the Company’s management uses these operating results, excluding the identified items, to evaluate the performance of its businesses and to evaluate results relative to certain incentive compensation targets. Management uses operating results, excluding these items, because it believes this measurement enables it to make better period-to-period evaluations of the financial performance of its core business operations. The non-GAAP measurements are intended only as a supplement to the comparable GAAP measurements and the Company compensates for the limitations inherent in the use of non-GAAP measurements by using GAAP measures in conjunction with the non-GAAP measurements. As a result, investors should consider these non-GAAP measurements in addition to, and not in substitution for or as superior to, measurements of financial performance prepared in accordance with GAAP.

Non-GAAP adjustments are comprised of the following items:

Merger-related costs: The Company has excluded the effects of merger-related costs from its non-GAAP operating expenses and net income measurements because the Company believes that this item does not reflect expected future operating earnings or expenses and do not contribute to a meaningful evaluation of the Company’s current operating performance or comparisons to the Company’s past operating performance.

Stock-based compensation expense: The Company has excluded stock-based compensation expense from its non-GAAP operating expenses and net income measurements. Although stock-based compensation is a key incentive offered to our employees and the Company believes such compensation contributed to the revenue earned during the periods presented and also believes it will contribute to the generation of future period revenues – the Company continues to evaluate its performance excluding stock-based compensation expense primarily because it represents a significant non-cash expense. Stock-based compensation expense will recur in future periods.

Intangible assets amortization expense: The Company has excluded intangible assets amortization expense from its non-GAAP operating expenses and net income measurements, primarily because it represents a significant non-cash expense and because the Company evaluates its performance excluding intangible assets amortization expense. Amortization of intangible assets is consistent in amount and frequency but is significantly affected by the timing and size of the Company’s acquisitions. Investors should note that the use of intangible assets contributed to the Company’s revenues earned during the periods presented and will contribute to the Company’s future period revenues as well. Intangible assets amortization expense will recur in future periods.

Details of the above non-GAAP adjustments and reconciliations of the non-GAAP measurements to the corresponding GAAP measurements can be found in the financial tables.

Business Risks

Motorola Mobility cautions the reader that this communication includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.  Forward-looking statements include, but are not limited to, the expected closing date of the proposed Google transaction and the expected timeframe for regulatory decisions. Forward-looking statements involve certain risks and uncertainties that could cause actual results to differ materially from those indicated in such forward-looking statements including, but not limited to, the ability of the parties to consummate the proposed transaction and the satisfaction of the conditions precedent to consummation of the proposed transaction, including the ability to secure regulatory and other approvals at all or in a timely manner; and the other risks and uncertainties contained and identified in Motorola Mobility’s filings with the Securities and Exchange Commission (the “SEC”), any of which could cause actual results to differ materially from the forward-looking statements. The forward-looking statements included in this press release are made only as of the date hereof. Motorola Mobility undertakes no obligation to update the forward-looking statements to reflect subsequent events or circumstances or update the reasons that actual results could differ materially from those anticipated in forward-looking statements, except as required by law.


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Leaked Verizon document details Android updates

Saturday, April 28th, 2012

Verizon Android update schedule leaked

A Reddit user by the name of DroidTosser claims to have the inside scoop on Verizon’s Android update schedule, and has posted the images to back their story up. According the photos, the HTC Rezound is slated receive an update to Android 4.0 Ice Cream Sandwich on May 9th, followed by the DROID RAZR and RAZR MAXX on May 21st. Verizon’s first Honeycomb tablet, the Motorola XOOM is currently awaiting “technical approval” and will be updated directly by Google. The DROID Bionic, HTC Thunderbolt, LG Revolution, Samsung Galaxy Tab 10.1, and Sony Xperia Play are all in testing, however the updates aren’t labeled as Ice Cream Sandwich builds and may just refer to bug fixes. Additional images can be found after the break. 

[Via Droid-Life]


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Verizon’s Summer / Fall 2012 smartphone roadmap

Thursday, April 26th, 2012

Verizon launching iPhone 5, Galaxy S III, Motorola RAZR HD in Fall

While Samsung’s Galaxy S3 has been the star of the rumor show for the past few months — with BGR leading the pack — we now have a clear picture of the smartphone landscape for late summer and early fall this year. BGR has exclusively learned details about most, if not all of Verizon Wireless’s flagship smartphone launches for the remainder of 2012, and things are definitely looking good for Verizon subscribers in 2012. All the details follow after the break.

For starters, Verizon Wireless will indeed be offering the Samsung Galaxy S3 — Verizon notably passed on the Galaxy S II in favor of the Samsung Galaxy Nexus — but we don’t know when the carrier will start selling Samsung’s new flagship smartphone. While we have a clear picture of Verizon’s fall smartphone lineup, we would assume the Galaxy S III will be available over the summer.

Speaking of Android smartphones, there are “multiple” Motorola RAZR models due to hit Verizon in the coming months, one of which will most likely be the Motorola RAZR HD (or a name similar to that) with a larger and clearer display.

HTC might actually be the star of the Android show this time around though, as we have been told HTC will have a major flagship device hitting Verizon shelves in the fall. It’s said to feature a whopping 5-inch 1080p HD display (a non-PenTile screen), a new chipset that includes a quad-core Krait CPU and an Adreno 320 GPU, HTC Sense 5 and a Scribe pen. Yes, HTC is launching a Galaxy Note competitor.

Lastly, as we reported late last year, Apple’s next-generation iPhone is currently slated for a fall release.

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Apple’s iPhone and iPad violate one Motorola patent, ITC rules

Tuesday, April 24th, 2012

The International Trade Commission on Tuesday ruled in favor of Motorola Mobility in its patent infringement claim against Apple. The Cupertino-based company’s iPhone and iPad were found to be in violation of Motorola’s Wi-Fi technology patent, however they did not infringe on three other patents that Motorola asserted against the iPhone-maker. “We are pleased that the ALJ’s initial determination finds Apple to be in violation of Motorola Mobility’s intellectual property, and look forward to the full commission’s ruling in August,” Motorola told CNET in a statement. The ruling is preliminary and still must be approved by the ITC’s six-member commission.

[Via CNET]


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Motorola RAZR HD running ICS spotted in the wild, 720p display in tow

Tuesday, April 24th, 2012


Last week, a Motorola engineer’s Picasa album all but confirmed the existence of the Motorola Droid RAZR HD. And while we can’t say his job has a future, it looks like this handset does. The latest leak includes some newly discovered blurry cam photos from China showing Motorola model MT887 running ICS. This matches the EXIF data posted by that errant engineer, which listed the RAZR HD’s build as 4.0.3. According to the latest images, the RAZR HD sports a 4.3-inch display — with an upgraded resolution of 720p — though the other specs appear to match the current batch of RAZRs. As Android Community points out, that relatively bulky body could mean there’s a 3,300mAH battery inside. That’s all well and good — unless Motorola also has a Droid HD RAZR Maxx set to launch a month after this guy. Then again, who would be so cruel as to pit your hopes for a higher-res RAZR against your dreams of an even longer-lasting smartphone?

Motorola RAZR HD running ICS spotted in the wild, 720p display in tow originally appeared on Engadget on Tue, 24 Apr 2012 14:41:00 EDT. Please see our terms for use of feeds.

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RIM patent application describes rotating keypad that can be used in more than one position

Thursday, April 19th, 2012


We’ve seen smartphones with keypads that can spin away from the screen before (see the Motorola Flipout), but RIM seems to have something slightly different in mind with this patent application that was filed back in 2010 and just published today. It describes a device with a keypad that’s coupled at one corner, but which can remain operable in at least two positions, or potentially three. That could include a position, for instance, where the screen is partially covered by the keypad and a second where it’s below the screen, or one where the keypad can remain below the screen both in portrait and landscape modes — or even flipped behind the device with the keys still accessible. Of course, it is still just a patent application, so we wouldn’t recommend pinning your hopes on this as RIM’s next big thing.

RIM patent application describes rotating keypad that can be used in more than one position originally appeared on Engadget on Thu, 19 Apr 2012 23:01:00 EDT. Please see our terms for use of feeds.

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Droid 4 gets first official update, better battery life and sluggishness fixes in tow

Wednesday, April 18th, 2012

Droid 4 gets first official update, better battery life and sluggishness fixes in tow

A promised upgrade to Ice Cream Sandwich this is not, but who are we to scoff at fresh software that improves battery life? Per Droid-Life that’s exactly what Motorola has in store for the Droid 4 with its first official update — née 6.13.219. Hitting the airwaves in the coming week, there’s more than just longevity tweaks, with a new MotoCast widget, improved WiFi connectivity and fixes pertaining to “sluggishness and blank screen lockups.” Time will tell if that’ll tide you over until Motorola unleashes Google’s latest, but until then, placate yourself by reading more at the source link below.

Droid 4 gets first official update, better battery life and sluggishness fixes in tow originally appeared on Engadget on Thu, 19 Apr 2012 01:33:00 EDT. Please see our terms for use of feeds.

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Larry Page: Android is important, but not critical to Google

Wednesday, April 18th, 2012

According to Google CEO and co-founder Larry Page, the Android mobile operating system is an important asset for Google, but it is not critical. Page made the claim during courtroom testimony as he took the stand for a second day in the company’s legal dispute with Oracle. The CEO’s testimony is rather puzzling — Page has previously claimed the company’s Android platform was “on fire” and a “tremendous example of the power of partnership” that “gets better with each version.” During an earnings call in October, Page said the company was “seeing a huge positive revenue impact from mobile, which has grown 2.5 times in the last 12 months to a run rate of over $2.5 billion.” Furthermore, Google’s $12.5 billion acquisition of Motorola Mobility was meant to protect Android and further its mobile dominance according to statements the CEO made when the deal was announced.


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Google may use Motorola acquisition to emulate Apple’s iPhone strategy

Tuesday, April 17th, 2012

Google’s $12.5 billion acquisition of Motorola Mobility currently awaits regulatory approval in China and then it will be complete. When the Internet giant proposed the buyout last summer, it confirmed that it planned to protect its Android mobile operating system with Motorola’s extensive patent portfolio. The company also ensured partners that a “firewall” would be put in place between the development of Android and Motorola’s handset division. According to a recent report, however, Google may have originally wanted to buy Motorola for its patents, but it has come to realize that it would rather follow in Apple’s footsteps. Read on for more.

The Mountain View-based company wants to design and sell its own smartphone hardware and software, similar to what Apple does with iOS and the iPhone and iPad, Business Insider reported on Tuesday. Google may not pursue this plan due to strong objections from a number of its partners according to the report. An executive who purportedly met with one of Google’s partners told Business Insider that every conversation during their meeting ended with anger and dismay towards Google, and there is a chance that Google’s Android partners will try to band together and demand that it sell Motorola’s handset business.


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High-definition version of Motorola’s RAZR in the works

Monday, April 16th, 2012

The name DROID RAZR HD has appeared in the EXIF data from a series of images uploaded to Picasa by a Motorola employee. The EXIF data shows that the handset is running Android 4.0.3 and its camera is equipped with a f/2.4 aperture camera. The photos in question were uploaded by Vic Yu, who is a software engineer and program manager at Motorola Mobility according to his Google+ and LinkedIn profiles. Last month, the first image of what was believed to be the unannounced DROID Fighter surfaced on a Chinese forum. The handset is said to be equipped with the same massive 3,300 mAh battery that is found in the RAZR MAXX and a 4.6-inch high-definition display. The phone also lacked the Android navigation buttons found on earlier RAZR models, suggesting that it makes use of the on-screen buttons found in Android 4.0 Ice Cream Sandwich. The DROID RAZR HD could possibly arrive on Verizon Wireless as the DROID Fighter, although nothing is confirmed for the time being. It should be noted that EXIF data can easily be manipulated, but an image of the data can be found after the break.

[Via Droid-Life]


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Google CEO Larry Page talks Android activations and Motorola acquisition

Friday, April 6th, 2012

Google CEO Larry Page stated in a blog post on Thursday that the company’s Android platform is “on fire.” The CEO boasted that there are now more than 850,000 Android devices activated each day through a network of 55 manufacturers and more than 300 carriers. Page called Android a “tremendous example of the power of partnership, and it just gets better with each version.” He went on to explain his excitement for the Motorola acquisition and “the opportunities to build great devices capitalizing on the tremendous success and growth of Android.” The CEO then reiterated the benefits surrounding Android’s open ecosystem, maintaining that “we have no plans to change that.” The Mountain View-based company in February stated that Android activations were up 250% year-over-year. Google also previously announced that the Android Market is home to more than 450,000 apps.


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LG plans to launch a ‘thinking smartphone’

Friday, April 6th, 2012

LG has yet to find the same success in the smartphone market that Samsung, HTC and Motorola have seen, but the company’s managing director Kwon Bong-suk told a Korean news website that LG will soon introduce a game-changing “thinking smartphone.” The executive confidently stated that the next mobile innovation doesn’t necessarily have to come from Apple, saying that LG can identify with the “universal value” that all consumers seek. Unlike its competitors, LG will refrain from adding more features and entertainment options to its devices, instead looking to build a product that will be responsive to a user’s particular needs. Bong-suk also noted the importance of the low-end market and said the company is interested in releasing a smartphone for $100. Despite the low price, Bong-suk says LG won’t compromise on the quality of the user experience. The director concluded by saying that “preparations for the development of the thinking smartphone are underway.”

[Via The Verge]


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European regulators probe Motorola following Microsoft, Apple complaints

Tuesday, April 3rd, 2012

European regulators are investigating Motorola Mobility for allegedly overcharging Microsoft and Apple for use of its industry standard patents in their products, Reuters reported on Tuesday. Both companies filed complaints with the European Commission, which is now conducting the investigation that will look to determine whether Motorola failed to honor its “irrevocable commitments” made to standard-setting organizations. In February, Microsoft had asked antitrust regulators to intervene in its patent dispute with Motorola, claiming the company “has refused to make its patents available at anything remotely close to a reasonable price.” In its complaint, the software giant also named Google, which is in the process of acquiring Motorola. Regulators confirmed that they are investigating Samsung as well in order to determine whether or not the company violated European antitrust laws in its patent disputes with Apple.


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Motorola now officially being investigated for abusing its patents in Europe

Tuesday, April 3rd, 2012

Motorola now officially being investigated for abusing its patents in EuropeBoth Apple and Microsoft have formally complained about Motorola’s alleged abuse of “standards-essential” patents, and today the European Commission has been equally formal in starting an antitrust investigation into their claims. In fact, there’ll be two separate investigations — one to discover whether Motorola Mobility failed to honor its FRAND obligations when it sought injunctions against the sale of Apple and Microsoft products, and the other to assess whether Motorola has been unfair in the way it has offered to license its standard-essential patents. The authorities have given no clue as to how long this process could take, or what kind of punishments could be meted out at the end of it, but the (almost) Google-owned company is now certainly in for some tumult.

Continue reading Motorola now officially being investigated for abusing its patents in Europe

Motorola now officially being investigated for abusing its patents in Europe originally appeared on Engadget on Tue, 03 Apr 2012 07:06:00 EDT. Please see our terms for use of feeds.

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iPhone 4S remains best-selling U.S. smartphone in March, Samsung gains share

Monday, April 2nd, 2012

Apple’s wildly popular iPhone 4S retained its position atop the smartphone ranks in the United States last month according to new data analyst data. Checks performed by Canaccord Genuity analyst Mike Walkley and his team found that Apple’s latest iPhone was the best-selling smartphone at Verizon Wireless, AT&T and Sprint in March, continuing a trend that began when the device first launched last October. “Our March channel checks indicated stronger sell-through trends versus February levels with sales rebounding after a slow start to 2012,” Walkley wrote in his report. “During March, our checks indicated the iPhone 4S remained the top smartphone in the U.S. market and Samsung gained share as smartphone penetration grows in U.S. prepaid channels.” Samsung’s Galaxy S II smartphone was ranked No.2 at AT&T and Sprint once again, and the device was the best-selling smartphone at T-Mobile, which still doesn’t offer Apple’s popular phone. Motorola’s DROID RAZR and DROID RAZR MAXX took the No.2 spot at Verizon, and the HTC Amaze was No.2 at T-Mobile. A table outlining Canaccord’s numbers follows below.

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Microsoft moves logistics center out of Germany, blames Motorola patent battle

Monday, April 2nd, 2012
Microsoft moves logistics center out of Germany, blames Motorola patent battleIt may be a mere thorn in the foot of a giant like Microsoft, but the ongoing H.264 licensing dispute with Motorola is clearly starting to sting. German news outlet CIO reports that Redmond has shifted part of its European logistics operation from Germany to the Netherlands, affecting around 50 jobs at a contractor called Arvato. Although it might seem like a minor shuffle, CIO reports that Microsoft explicitly blames Motorola’s patent litigation for the decision, saying it was otherwise happy with Arvato’s services in warehousing Windows and Xbox 360 titles. If this represents the start of a new trend, those tasty Euros being earned by Mannheim lawyers could potentially be cancelled out by losses elsewhere in the German economy.

[Ausgang photo via Shutterstock]

Microsoft moves logistics center out of Germany, blames Motorola patent battle originally appeared on Engadget on Mon, 02 Apr 2012 06:47:00 EDT. Please see our terms for use of feeds.

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