Motorola Blames Apple for Sales Below Expectations

Motorola has issued a preliminary financial results announcement that indicates that the company, despite projecting “modest profitability,” will fall short of its expected sales target for the fourth quarter of 2011. The Illinois-based handset maker has subtly blamed Apple for its poor Fall performance, citing rising intellectual property litigation costs and the increased competitive environment in the mobile device business as reasons for its downturn.

Motorola has yet to release a tablet that has been able to compete aggressively with Apple’s iPad, while Electronista suggests that the iPhone 4S was able to hinder the sales of the Droid RAZR on Verizon Wireless. Motorola, recently acquired by Google in a $12.5 billion takeover, estimates that it shipped 10.5 million mobile devices, accounting for $3.4 billion in revenue in Q4 2011.

[Electronista]

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