iPhone Cruncher

Motorola Mobility Announces Second-Quarter Financial Results

Second Quarter Financial Highlights

Net revenues of $3.3 billion, up 28 percent from second quarter 2010
GAAP net loss of $0.19 per share compared to net earnings of $0.27 per share in second quarter 2010
Non-GAAP earnings of $0.09 per share compared to $0.30 loss in second quarter 2010
Mobile Devices revenues of $2.4 billion, up 41 percent from second quarter 2010; GAAP operating loss of $85 million; non-GAAP operating loss of $31 million
Shipped 11.0 million mobile devices, including 4.4 million smartphones and 440,000 tablets
Home revenues of $907 million, up 2 percent from second quarter 2010; GAAP operating earnings of $62 million; non-GAAP operating earnings of $90 million
Click here for printable press release and financial tables.

LIBERTYVILLE, Ill. – July 28, 2011 – Motorola Mobility Holdings, Inc. (NYSE: MMI) today reported net revenues of $3.3 billion in the second quarter of 2011, up 28 percent from the second quarter of 2010. The GAAP net loss in the second quarter of 2011 was $56 million, or $0.19 per share, compared to net earnings of $80 million, or $0.27 per share, in the second quarter of 2010. On a non-GAAP basis, the net earnings in the second quarter of 2011 were $26 million, or $0.09 per share, compared to a loss of $87 million, or $0.30 per share, in the second quarter of 2010.

Total cash at the end of the quarter was $3.2 billion and includes cash, cash equivalents and cash deposits, and operating cash flow was breakeven for the quarter.

Details on non-GAAP adjustments and the use of non-GAAP measures are included later in this press release and in the financial tables.

“In the second quarter, Mobile Devices launched several new smartphones in the U.S. and markets around the world. Revenues grew over 40 percent driven largely by Latin America and China where sales more than doubled year over year. Our Home business delivered another strong performance, and we introduced several innovative products and services for next generation multi-screen video solutions,” said Sanjay Jha, chairman and chief

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Ever since the original iPad came out people have loved it. There is online web browsing on a big screen, applications of all different categories, music, movies, games and much more. And after the new iPad 2, more and more people think that the iPad is the best tablet on the market.

That is, for adults.

But what about kids like me? After all, the iPad is not the only tablet out there. The Motorola Xoom, Samsung Galaxy 10.1 and Asus Eee Pad are all new tablets on the market. HP is also out now with a new TouchPad, which uses the WebOS operating system. But which device would kids like?

The Options

The iPad 2, Motorola Xoom, Samsung Galaxy 10.1, and HP Touchpad are all great tablets. To be honest I’d be really happy if my parents got me any of these tablets. Any of these tablets will be good for most of the things kids would use a laptop for, except for typing and homework.

Most people use the iPad for browsing the web, doing e-mail, using Facebook and watching movies. Some adults love to play games on the iPad, as well. My mom likes her iPad for web browsing, reading e-mail, and using Facebook because she finds it easy to use, and light.

I currently use an Android phone right now, as well as an Android tablet. Android has more customization features such as home screen widgets and moving backgrounds, and there are a lot of free Android apps, which is great for kids who have limited allowances. Even though the iPad has more apps than Android tablets, it doesn’t make much difference because most good apps such as Angry Birds or Homerun 3D are available on both platforms. Android apps get updated faster than iPad apps, due to Apple’s harder update process. Android devices offer a lot of

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Incoming search terms for the article:

• kids tablets with android

For the people who are aching to have an iPhone this Christmas, perhaps you can get one for only $99. Rumors are flying that Apple is seriously considering to unveil a $99 8GB iPhone 3GS to compete with Motorola’s Droid. People who would get the 8GB iPhone would still have the usual still camera as perhaps the main feature but the bottom-line is owning an iPhone for the Holidays. Not a bad idea for the ones who are falling short on budget when it comes to having the famed Apple device.

(Source) Slippery Brick