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| Preparing for the iPhone: Motorola introduces Razr2 phone |
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| Mobility | ||||
| By Wolfgang Gruener | ||||
| Tuesday, May 15, 2007 14:13 | ||||
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New York (NY) – Apple’s iPhone may not be on the market yet, but it already shows its impact, as several established cellphone companies are stepping up their game: Motorola today introduced a stylish new Razr generation that only comes with new features, but comes in a stylish new package made of aluminum, magnesium and plastic.
Motorola’s success lately heavily depended on the success of the Razr, a cellphone that allowed the company to close the gap to Nokia in terms units, but also brought huge profits into the company last year. However, as the Razr gets older and sales are declining, Motorola’s entire handset division has been hit: CEO Ed Zander described the financial performance in the first quarter as “unacceptable”, with net losses amounting to $181 million for the whole company.
![]() Motorola Razr2
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