Motorola posted a solid fourth quarter with $80 million in earnings, thanks to a killer Android lineup of Motorola devices that reinvented the company as a smartphone juggernaut. Motorola shipped 4.9 million smartphones in the fourth quarter alone; this included devices like the Droid Pro, Droid 2, Defy and Bravo.
“The improvement in our financial results last year, including profitability in the fourth quarter, is indicative of the progress we have made in delivering innovative smartphones and improving the Mobile Devices business,” said Sanjay Jha, chairman and chief executive officer of Motorola Mobility.
Although Motorola will face stiff competition with the release of the iPhone 4 on Verizon Wireless next month, the company has a lineup that certainly pleased CES goers this year, with devices like the Atrix 4G, Xoom, and Droid Bionic. With AT&T losing exclusivity with the iPhone 4, it’s plausible to assume that Motorola can consistently capitalize on Android devices on AT&T (especially with the dual-core Atrix 4G)
As always, we’ll just have to wait and see what happens in the Android world.