John Paczkowski

Recent Posts by John Paczkowski

Motorola Reports Smaller-Than-Expected Second-Quarter Disaster

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Now that they’ve had time enough to recover their dropped jaws from the floor, investors surprised by Motorola’s second-quarter earnings are driving up its share price. Motorola shares spiked 12.2 percent to $8.62 in late-morning trading today after the long-suffering company issued break-even per-share earnings and positive guidance.

Quite a shock for Motorola (MOT) observers, who had figured the company was prepping a $124 million second-quarter net loss, about four times larger than the one it posted a year ago. A bit of a shock too for Motorola, which itself had predicted a loss of two cents a share. In short, great news for the company, which may have just turned the tide in an ugly year-long trend of losses.

That said, Motorola still faces many challenges. Its share price is down more than 61 percent since its decline began in Oct. 2006. And its post-Razr phone business is in collapse at a time when the public is becoming increasingly fascinated with the eye-catching devices peddled by its rivals.


Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik