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Motorola Reports Strong Q2 Smartphone Sales

Motorola has reported strong second quarter results amid rising sales of its Android-based smartphones.

The company announced revenues of $5.414 billion, higher than the $5.19 billion predicted by the analysts.

Motorola has predicted strong financial results for the current quarter, owing to the popularity of its Android-based Droid X smartphone, which has been met with huge demand in the UK and US.

The company also said that it had shipped 8.3 million handsets in the second quarter of 2010, of which, 2.7 million were smartphones, amounting to profits of $87 million.

The revenue from mobile phone sales was reported to be $1.7 billion, 6 per cent less than the figures reported for the same period last year.

In a statement, Motorola CEO Sanjay Jha, said: “The Droid X launch has been very well received. As we continue to execute on our business strategy, we are in a strong position to continue improving our share in the rapidly growing smartphone market and improving our operating performance.”