The release of Motorola Mobility's Q1 2011 financials which saw the company post net revenues of $3 billion, up 22 percent year-on-year also resulted in the firm publishing its first shipment figures for Xoom.
Early estimates suggested 100,000 units had been sold by the start of April, painting what analysts described as a somewhat bleak picture for the tablet.
Total shipments for the quarter turned out to be more than double that figure, coming in at 250,000, though Motorola has made no statement as to how many devices have actually been sold.
Motoring Motorola?
Nonetheless, Xoom's slow start is offset by an overall rise in mobile device shipments, hitting 9.3 million for the quarter up from 8.5 million in the same period in 2010.
Of those shipments, smartphones made up the bulk, with 4.1 million units making their way to retail. That too is up from Q1 2010, when 2.3 million smartphones hit the shelves.
Mobile device revenues were up accordingly, settling at $2.1 billion up 30 percent year-on-year.
"In the first quarter, we reached a major milestone in our history by becoming a new independent, public company," said chairman and CEO Sanjay Jha.
"With a well recognised brand, a strong balance sheet and industry leading intellectual property, we have the right assets to deliver an exciting pipeline of products, continue to grow our business and further improve our financial results."
Motorola's GAAP operating loss came in at $89 million, compared to $192 million in Q1 2010. Non-GAAP operating loss was also down from $148 million a year ago to $61 million this quarter.
[source: Motorola Mobility]
News
With a fine eye for detail, Keith Andrew is fuelled by strong coffee, Kylie Minogue and the shapely curve of a san serif font.
Related Articles
Top Stories
News
Apr 27th, 2024
PocketGamer.biz Podcast Week in Views E09 - Supercell's Squad Busters goes global, Embracer Group splits, and Apple's Vision Pro flops
News
Apr 26th, 2024
Week in Views - Squads busted, Apple crushed, War zoned and Snoozin' with the Snorlax…
Feature
Apr 26th, 2024
Speaker Spotlight: Dubai Future Foundation's Faisal Kazim on leading Dubai's gaming charge
Events
Dubai GameExpo Summit 2024 | Middle East | May 1st |
The MENA Games Industry Awards 2024 | Middle East | May 2nd |
GameDev Atlantic 2024 | May 4th | |
Mobidictum Meetup Berlin May 2024 | Europe | May 7th |
Mobidictum Meetup Tallinn May 2024 | Europe | May 21st |
Israel Mobile Summit 2024 | Middle East | Jun 6th |
DevGAMM Vilnius 2024 | Europe | Jun 14th |
Develop: Brighton 2024 | Europe | Jul 9th |
Popular Stories
News
Apr 23rd, 2024
Supercell’s Squad Busters soft launches today with over 100,000 Google Play downloads
News
Apr 23rd, 2024