Motorola Mobility (NYSE: MMI ) smartphone sales surge, beats analyst estimates Dominion Lending Centres Clearlease
VANCOUVER, BRITISH COLUMBIA – (April 29, 2011) Clearlease Reports Motorola Mobility Holdings Inc. (NYSE: MMI ), the maker of cellphones and cable set-top boxes that split off from the rest of Motorola in January, said Thursday April 28, 2011 that it narrowed its loss in the first quarter as it nearly doubled shipments of smartphones.
Motorola Mobility posted a loss of $81 million, or 27 cents per share, for the January to March period. That compares with a loss of $212 million, or 72 cents per share, a year ago.
Excluding stock-based compensation and amortization of intangibles, the loss was eight cents per share, less than the 11 cents per share analysts surveyed by FactSet had expected, on average.
Revenue was $3.03 billion, up 22 per cent from a year ago, and beat analyst estimates at $2.84 billion.
The Libertyville, Ill.-based company said mobile devices revenue totalled $2.1 billion, up 30 per cent from the year-ago quarter. Motorola Mobility shipped 9.3 million of these products during the period, including 4.1 million smart phones and over 250,000 tablet computers.
The company rolled out a number of mobile products in the first three months of the year, including its Xoom tablet, which runs on the tablet-geared version of Google Inc.’s Android operating software, and the Atrix smartphone, which can also connect to a laptop dock to function as a computer.
Revenue from the company’s home unit, which makes various consumer electronics, climbed 8 per cent to $904 million.
For the current quarter, Motorola Mobility expects to break even or earn as much as 12 cents per share, excluding one-time items. Analysts are hoping for an adjusted profit of 12 cents per share.
Motorola Mobility shares rose 56 cents, or 2.3 per cent, to $24.50 in extended trading. The stock had finished regular trading up 37 cents at $23.99.
Video Link: http://youtu.be/f_kk7WJa7Uk
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Video Link: http://youtu.be/f_kk7WJa7Uk
VANCOUVER, BRITISH COLUMBIA – (April 29, 2011) Clearlease Reports Motorola Mobility Holdings Inc. (NYSE: MMI ), the maker of cellphones and cable set-top boxes that split off from the rest of Motorola in January, said Thursday April 28, 2011 that it narrowed its loss in the first quarter as it nearly doubled shipments of smartphones.
Motorola Mobility posted a loss of $81 million, or 27 cents per share, for the January to March period. That compares with a loss of $212 million, or 72 cents per share, a year ago.
Excluding stock-based compensation and amortization of intangibles, the loss was eight cents per share, less than the 11 cents per share analysts surveyed by FactSet had expected, on average.
Revenue was $3.03 billion, up 22 per cent from a year ago, and beat analyst estimates at $2.84 billion.
The Libertyville, Ill.-based company said mobile devices revenue totalled $2.1 billion, up 30 per cent from the year-ago quarter. Motorola Mobility shipped 9.3 million of these products during the period, including 4.1 million smart phones and over 250,000 tablet computers.
The company rolled out a number of mobile products in the first three months of the year, including its Xoom tablet, which runs on the tablet-geared version of Google Inc.’s Android operating software, and the Atrix smartphone, which can also connect to a laptop dock to function as a computer.
Revenue from the company’s home unit, which makes various consumer electronics, climbed 8 per cent to $904 million.
For the current quarter, Motorola Mobility expects to break even or earn as much as 12 cents per share, excluding one-time items. Analysts are hoping for an adjusted profit of 12 cents per share.
Motorola Mobility shares rose 56 cents, or 2.3 per cent, to $24.50 in extended trading. The stock had finished regular trading up 37 cents at $23.99.
Video Link: http://youtu.be/f_kk7WJa7Uk
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Video Link: http://youtu.be/f_kk7WJa7Uk
Motorola Mobility (NYSE: MMI ) smartphone sales surge, beats analyst estimates Dominion Lending Centres Clearlease
VANCOUVER, BRITISH COLUMBIA – (April 29, 2011) Clearlease Reports Motorola Mobility Holdings Inc. (NYSE: MMI ), the maker of cellphones and cable set-top boxes that split off from the rest of Motorola in January, said Thursday April 28, 2011 that it narrowed its loss in the first quarter as it nearly doubled shipments of smartphones.
Motorola Mobility posted a loss of $81 million, or 27 cents per share, for the January to March period. That compares with a loss of $212 million, or 72 cents per share, a year ago.
Excluding stock-based compensation and amortization of intangibles, the loss was eight cents per share, less than the 11 cents per share analysts surveyed by FactSet had expected, on average.
Revenue was $3.03 billion, up 22 per cent from a year ago, and beat analyst estimates at $2.84 billion.
The Libertyville, Ill.-based company said mobile devices revenue totalled $2.1 billion, up 30 per cent from the year-ago quarter. Motorola Mobility shipped 9.3 million of these products during the period, including 4.1 million smart phones and over 250,000 tablet computers.
The company rolled out a number of mobile products in the first three months of the year, including its Xoom tablet, which runs on the tablet-geared version of Google Inc.’s Android operating software, and the Atrix smartphone, which can also connect to a laptop dock to function as a computer.
Revenue from the company’s home unit, which makes various consumer electronics, climbed 8 per cent to $904 million.
For the current quarter, Motorola Mobility expects to break even or earn as much as 12 cents per share, excluding one-time items. Analysts are hoping for an adjusted profit of 12 cents per share.
Motorola Mobility shares rose 56 cents, or 2.3 per cent, to $24.50 in extended trading. The stock had finished regular trading up 37 cents at $23.99.
Video Link: http://youtu.be/f_kk7WJa7Uk
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Video Link: http://youtu.be/f_kk7WJa7Uk