Motorola: 28 percent of 2010 revenue came from Verizon

Think the Atrix 4G might be a critical launch for Motorola right now? A fresh regulatory filing by Motorola today revealed that the company got a whopping 28 percent of its cash from Verizon last year -- up from 17 percent in 2009 -- a pretty powerful testament to the "Droid effect." The company goes on to say that "the loss of, or a significant reduction in revenue from, one or more of these customers could have a negative impact on [its] business," and it's pretty clear that the launch of the iPhone on Verizon will have at least some impact this year. Question is, can they make up for the loss with a harder push on other carriers like AT&T?

Motorola: 28 percent of 2010 revenue came from Verizon originally appeared on Engadget on Fri, 18 Feb 2011 17:02:00 EDT. Please see our terms for use of feeds.

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Source: http://www.engadget.com/2011/02/18/motorola-28-percent-of-2010-revenue-came-from-verizon/

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