In 2010, 28% of Motorola’s Phone Revenue Was From Verzion

Posted by at 11:29 pm on February 20, 2011

Motorola’s SEC filing on Friday confirmed a heavy dependency on Verizon for its success. About 28 percent of all of Motorola’s net revenue in 2010 for┬áthe mobile group that split off this year could be attributed to supplying Verizon with phones. The figure could almost exclusively be attributed to Android phones and was portrayed as leaving the company vulnerable if it lost some or all of Verizon’s deal.

“Motorola Mobility has several large customers, the loss of one or more of which could have a material adverse effect on us,” it said.

CEO Sanjay Jha warned that there was an iPhone-related slowdown even in the weeks before Apple made its Verizon deal public, as customers who would have bought a Droid X or Droid 2 held off expecting to get an iPhone 4 instead.

Motorola Mobility is about to ship the Atrix 4G to AT&T as that carrier’s first truly range-leading Android phone. Most of its known US roadmap for 2011 still focuses heavily on Verizon, including the Droid Bionic and the Xoom tablet.

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