“Motorola said on Thursday that it expects to sell 1.3 million to 1.5 million tablets for the full year, after selling 440,000 devices in the just-reported second quarter,” Ina Fried reports for AllThingsD.
“In providing guidance along with its quarterly results, Motorola said it expects tablet sales to drop in the current quarter as its Xoom faces greater competition from a range of other tablets running Google’s Honeycomb operating system and as it prepares new products,” Fried reports. “Average selling prices have also dropped, in part as the company has cut prices.”
Fried reports, “Speaking on the company’s conference call with analysts, CEO Sanjay Jha also commented on the company’s patent portfolio in the wake of investor Carl Icahn suggesting the company consider selling off some of its patents. Noting the company has more than 17,000 patents granted and over 7,000 patents pending, Jha said the company is always reviewing its options. With new companies entering the mobile space, he said, ‘our patent portfolio in increasingly important.'”
Read more in the full article here.
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