Investors were expecting Motorola's newest anticipated device, the LTE capable Bionic, to be released August. On top of the Bionic's delays, Motorola is also delaying their newest update of the Xoom tablet. To continue to add insult to injury, Motorola had to cut the price of their current Xoom tablet to $499 from $799 after disappointing sales.
The companies whose shares are moving in pre-market trade on Friday are: Expedia, Newell Rubbermaid, Cerner, Noble Energy, Chesapeake Energy, Macy's, Motorola Mobility Holdings, Newmont Mining, TJX Companies and Emerson Electric Co.
Samsung is facing too much of competition from other Android tablet makers, Apple Inc., HP and BlackBerry maker RIM.
The top after-market NYSE gainers on Thursday are: Ingram Micro, Commercial Metals, Invacare, KBR and Regal Entertainment Group. The top after-market NYSE losers are: RealD, Miller Petroleum, Motorola Solutions, Equifax and Ameriprise Financial.
Motorola Mobility Holdings Inc.'s (NYSE: MMI) launch of several sub-$200 smartphones for emerging markets will boost units but hurt average selling prices in third quarter, Jefferies said.
Motorola Mobility warned that its third-quarter profit would miss expectations due to a long delay of a key smartphone launch and a tablet computer price cut, sending its shares down 4 percent.
Motorola Mobility warned that its third-quarter profit would miss expectations due to the second delay of a smartphone launch and price cuts of its tablet computers, sending its shares down 4 percent.
Motorola Mobility announced a disappointing quarter and outlook, but light was at the end of the tunnel for smartphone fans as it said its Droid Bionic was on its way.
Motorola Mobility reported higher-than-expected second-quarter revenue, but its outlook was lower than expected, sending its shares down more than 6 percent after hours.
Motorola Mobility which was spun off from Motorola this year managed to report a 40 increase in second quarter revenues largely due to strong sales of its Google Android-based Smartphones.
Stiff competition from Apple and other competitors using Google's Android system are dragging on the company's profits. The company forecast today it will likely miss estimates from analysts in the third quarter and for the full fiscal year.
A comparison between Android superphones Samsung Galaxy S 2 and Motorola Photon.
A comparison between Samsung Galaxy Tab 10.1 and Motorola Xoom which are due to arrive on Verizon 4G LTE.
Motorola Solutions Inc lost a bid to dismiss a class-action lawsuit accusing it of misleading shareholders about deteriorating prospects for its cellphone business, resulting in investment losses.
Motorola Solutions Inc lost a bid to dismiss a class-action lawsuit accusing it of misleading shareholders about deteriorating prospects for its cellphone business, resulting in investment losses.
A recent report from Good Technology highlighted Apple's iOS platforms' advance in the enterprise domain but also embedded in the report were the names of four Android phones which have found large scale corporate adoption.
AT&T has announced plans to roll out Google Android's latest smartphone version Gingerbread update for six Android phones starting today.
Jefferies & Co. upgraded its rating of Motorola Solutions Inc. (NYSE: MSI) to "buy" from "hold" and increased its price target to $55 from $49.
The top after-market NYSE gainers on Friday are: PolyOne Corp, Novo Nordisk, National Bank of Greece, Motorola and Credicorp Ltd. The top after-market NYSE losers are: Bridgepoint Education, Neustar, Fusion-IO, Noble Corp and Polaris Industries Inc.
While there has been official communications from Motorola about the general launch period, in recent days and weeks, speculation has also arisen about a specific date.
Apart from Apple Inc.'s iPhone, some of the most talked-about smartphones right now include the sleek Samsung-built Android phone Google Nexus S and Motorola Droid 3.
Apple's star device iPad is the undisputed leader in the consumer segment of the tablet market and is now on the roll to capture the enterprise tablet segment as well.
