Opinionated comments on mobile phone industry news
|
All entries are written by Anders Borg, CEO and Consultant of Abiro, that has a long experience in strategic planning, developing embedded and Java software, usability aspects, and the mobile phone industry in general. You can also read the latest Mobile News entries on your phone via wap.abiro.com, and we provide many News Feeds from popular news services. For advertising and contribution queries, please use the feedback form. News feed (local) FeedBurner Feed
|
|
Friday, January 19, 2007
Motorola, it's been better
It's tough being one of the biggest players in the market. Also Nokia has been hit by less than good results. In part because the major phone providers must play in the ultra low-cost market, and that causes a margin drain that "underdog" players like Sony Ericsson doesn't have to deal with, at least yet.
Motorola profits moderate sharply, announces job cuts reports that profits nearly halved and they'll sack around 3500 people.
Quote: Despite the profit slowdown, Zander stressed that quarterly sales rocketed by 17 percent to a record 11.8 billion dollars.
Quote: The firm estimated it had a 23 percent share of the global cellphone market, behind Finland's Nokia.
Quote: Zander said Motorola hoped to save around 400 million dollars over two years following the job cuts.
400M / 3500 / 2 = $570k per employee per year !?!? What did I do wrong? Will many more be sacked?
Motorola profits moderate sharply, announces job cuts reports that profits nearly halved and they'll sack around 3500 people.
Quote: Despite the profit slowdown, Zander stressed that quarterly sales rocketed by 17 percent to a record 11.8 billion dollars.
Quote: The firm estimated it had a 23 percent share of the global cellphone market, behind Finland's Nokia.
Quote: Zander said Motorola hoped to save around 400 million dollars over two years following the job cuts.
400M / 3500 / 2 = $570k per employee per year !?!? What did I do wrong? Will many more be sacked?
