Motorola's Turnaround May Need More Than Just A Google Phone

Motorola Inc. (MOT), unlike some of its investors, isn't banking on its first Android-powered smartphones to turn around the company's fortunes.

The Schaumburg, Ill., company's stock has run up on the hope that the devices, armed with Google Inc.'s (GOOG) flashier mobile operating system, will reinvigorate Motorola's sullied brand. But Co-Chief Executive Sanjay Jha doesn't see the company's fate hinging on a potential holiday blockbuster. While he may just be clamping down on expectations before they get out of hand, his thinking suggests the turnaround may be more drawn out than some expect.

"My purpose is to get back in the game and build upon it," Jha said in an interview. "While I'm hoping it's a home run, we're not banking our financial results on it."

Read Full Article from Wall Street Journal

- Posted: 2009-07-30 15:00:20

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