Motorola mobility financial heath In the wireless handset market, MMI competes with other handset manufacturers like Apple, Blackbery RIM. The competion is veru abrupt among this three giants og the mobile technology. It have been nearly three months since Google caught the tech world off guard by offering to buy Motorola Mobility Holdings for $12.5 billion, to keep up with its competitors Motorola called it a welcome news. That is 11 weeks of head scratching, followed by second guessing, followed by some daring analysis. How is the financial statement of the new Motorola mobility and Google?
Income statement Motorola Mobility Holdings, Inc. (NYSE: MMI) on their website reported an income statement with net revenues of $3.3 billion in the third quarter of 2011, up 11% from the third quarter of 2010. The GAAP net loss in the third quarter of 2011 was $32 million, or $0.11 per share, compared to a net loss of $34 million, or $0.12 per share in the third quarter of 2010. On a non-GAAP basis, the net earnings in the third quarter of 2011 were $35 million, or $0.12 per
References: US Healthcare IT Market Analysis. (Oct,2011). Retrieved from http://www.rncos.com/Report/IM321_fig.htm Motorola Mobility. (19 August 2011). Company Profile Published by Datamonitor. Retrieved from http://360.datamonitor.com.ezproxy.apollolibrary.com/Product?pid=5B0A0C20-9BB6- 4284-A575-AC0F2261F45C&view=CompanyView RFID Market in the Healthcare Industry . (July 26, 2011 09:08 ET). In MarketResearch.com. Retrieved from http://www.rncos.com/Report/IM321_fig.htm Colvi, G. ( 7/4/2011). Motorola 's Uphill Battle.. Fortune International (Europe), Vol. 164(1), p34-39 Motorola Mobility holding Inc. (19 September 2011). Company Profile Published by Motorola inc. Retrieved from http:// investor.motorola.com.