Verizon accounted for 28% of Motorola Mobility‘s income final year, mostly on a success of a Droid phone line.
The Motorola Droid, Droid 2, Droid X and arriving Droid Bionic are usually offering nonetheless Verizon — an increasingly critical mobile conduit for a wiring manufacturer.
The attribute between Motorola and Verizon has grown over a final few years, as Motorola remarkable in a filing with a Securities and Exchange Commission on Friday.
In 2009, Verizon sales done adult 17% of Motorola’s revenue, adult from 13% in 2008.
Verizon‘s offered of Apple’s iPhone 4 — which began Feb. 10 — and any successive iPhones could be a largest hazard so distant to derailing Motorola’s expansion with Verizon, something Motorola alluded to in an comment of a risks in a SEC filing.
“We have several vast business and a detriment of, or a poignant rebate in income from, one or some-more of these business could have a disastrous impact on a business,” Motorola pronounced in a filing. “During 2010, approximately 28% of a net revenues were from Verizon Communications Inc. … It might be formidable to reinstate or find new vast customers, generally with augmenting thoroughness in a U.S. where there are a singular series of carriers.
“If any poignant customer, quite Verizon or Sprint Nextel or other vast customers, such as Comcast, stopped doing business with us, or significantly reduced a turn of business they do with us, it could impact a ability to use other business regulating identical record and a financial formula could be negatively impacted.”
Motorola is looking to replicate a success it’s had with a Droids on Verizon with other carriers — namely ATT, where Motorola is set to launch a initial 4G phone, a Atrix, on Jan. 22. Both a Atrix and a Droid line of phones run on Google’s Android handling system.
Google is another critical attribute for Motorola. The arriving Motorola Xoom will be a initial inscription to boat with Android’s Honeycomb OS, a chronicle of Android built privately for inscription computers.
The Xoom has been hyped as presumably a initial genuine hazard to a prevalence of a Apple iPad, nonetheless Motorola has nonetheless to exhibit an central recover date or cost for a device. Rumors have floated observant it will sell for as small as $700 or as most as $1,200, while a iPad starts during about $500.
Whenever a Xoom drops, it will (at slightest initially) usually be accessible with wireless skeleton by Verizon.
Motorola reported a distinction of $11.5 billion in 2010, adult from $11.1 billion in 2009. Profit rose 9% in a company’s Mobile Devices shred and forsaken 7% in a home segment, Motorola said.
Shares of Motorola rose 20 cents on Friday to $30.03.
Motorola Xoom inscription has a barometer to foresee weather, pleasure meteorologists
At Verizon’s iPhone launch in Burbank, a roller-coaster of emotions for one woman
— Nathan Olivarez-Giles
Photo: Motorola Mobility CEO Sanjay Jha shows off a Motorola Xoom inscription during a 2011 International Consumer Electronics Show in Las Vegas on Jan. 6. Credit: Robyn Beck / AFP/Getty Images
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