Motorola seems to be well on its way to the glory days. The Lenovo-owned company shipped more than 10 million smartphones in the quarter ending December 2014.
This is the first time that Motorola has shipped so many smartphones in a single quarter. This number is particularly significant because Motorola operates a limited number of markets right now and it has just entered the world’s biggest smartphone market – China. So, we expect this number to grow even more quickly in the coming quarters.
“Motorola shipped more than 10 million units, up 118 percent year-over-year, adding US$1.9 billion to MBG’s revenues. Soon to re-enter China, Motorola is on track to be profitable within 4-6 quarters of close,” noted Lenovo in a press release.
According to Lenovo, the combined smartphone shipments of the Lenovo and Motorola brands account for nearly 6.6 percent market share.
Moto X (2nd Gen) gets 1 million pre-bookings in China
Motorola is yet to begin selling its smartphones in China and the company is already making waves. According to the company president Rick Osterloh, Moto X (2nd Gen) has received over a million pre-bookings and the number continues to go up. As we know that not all pre-bookings convert in real sales, but this is a good indicator of the company’s popularity in the Chinese market.
— Rick Osterloh (@rosterloh) February 2, 2015