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| Motorola to unleash Razr 2 this weekend |
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| Mobility | ||||
| By Wolfgang Gruener | ||||
| Friday, August 10, 2007 20:27 | ||||
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Schaumburg (IL) – Motorola will bring the second generation Razr phone to U.S, stores this weekend – and hopes that the device will bring back growth to the cellphone manufacturer.
There is no other cellphone manufacturer that so desperately needs a winner in its cellphone lineup. As successful as the first generation Razr phone was - the company has sold more than 100 million of the series – so disastrous is the company's current situation of financials and market shares. The company lost $158 million in the second quarter of this year and its market share in the global cellphone arena slipped by 31.6% over the second quarter of 2006 – and Motorola is the only top-5 phone manufacturer facing retreating unit shipments at this time.
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