Word: businessness
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Greg Brown, Co-CEO of Motorola, likes to compare his company's recent performance to the Dickens classic A Tale of Two Cities. Yes, that's got to be the most clichéd literary reference in Western history, but Brown is not a wordsmith. He runs a gadget company. And...
Brown says 2008 "marked the best year ever for our home and enterprise-mobility segments and the worst year ever for our mobile-device business. There were really two stories behind one Motorola." (See pictures of the cell phone's history.)
Today the iPhone is the iPhone of its time, a sleek machine with the ability to handle the Web, e-mail and photos and run a jillion apps - features that Motorola mostly failed to develop in following up on Razr's achievements. "Razr's success hid some fundamental shortcomings in...
Enter Jha, a former Qualcomm executive who had become a rock star in industry circles. Hired in 2008, Jha was enticed to Motorola with $100 million in performance-contingent bonuses and stock options, making him one of the highest paid U.S. executives that year. "Motorola's [board] had to decide...
None of these products have proved to be an iPhone killer. That could be problematic for Motorola in the long run, especially if Apple breaks its exclusive contract with AT&T. The Crowd Science survey found that iPhone users account for 1 in 3 smart-phone owners. Among non-iPhone...