Motorola Yearns to be Relevant Again
July 30, 2009 by Mark Ellis
Filed under Business
With the massive successes of the iPhone and the Blackberry, Motorola has been thrust to the sidelines as a largely irrelevant cell phone maker that has not yet managed to regain the mobile market. However, the impending release of Motorola’s android smart-phones may be able to reverse the ailing company’s fortunes.
Motorola has revealed that its plan is to get back to being a competitive member of the cell phone market but that it is not completely dependent on the success of its new smart-phones. Investors, though, seem to be confident that Motorola will perform well after stepping into the smart-phone market, driving up Motorola’s shares 8.7 percent on Thursday to $7.14.
Most reports indicate that Motorola will most likely release the smart-phones through Verizon Wireless and T-Mobile USA before the holiday season. The company is hoping for a phone that catches on like the Razr did almost ten years ago, but Motorola faces an uphill battle considering the large amount of smart-phones that have already become incredibly popular.
Image: Flickr
