Motorola Mobility, Inc. issued its third-quarter 2011 earnings results today. Net revenues are $3.3 billion in the third quarter of 2011, up 11 percent from the third quarter of 2010. Mobile Devices net revenues in the third quarter were $2.4 billion, up 20 percent compared with the year-ago quarter. Home segment net revenues in the third quarter were $825 million, down 10 percent compared with the year-ago quarter. Here are some Home highlights:
- 4Home software platform chosen to power Verizon’s new Home Monitoring and Control service in North America for the smart, digital home.
- Introduced family of advanced video processing technologies to drive bandwidth efficiency and video quality in the European market, including the SE-6000 video encoder and the ST-6000 transcoder.
- Expanded Internet Protocol (IP) growth and leadership inRussia, extending IPTV set-top rollout with leading telecom provider, Vimpelcom Ltd.
- Selected by Henan Cable to deliver Video On Demand and Network Digital Video Recording services to its 3.6 million subscribers inChina, using M3 Media Server family.
See here for today’s press release.
Filed under: Earnings