With Droid, Motorola Has Nowhere to Go But Up

droid-by-motorola-front-open-vzw-eye1Motorola’s free-fall in the mobile phone space it once dominated continued in the most recent quarter: The company’s wireless revenues fell 46 percent to $1.7 billion during the period as its market share eroded to a mere 4.7 percent. And while Motorola managed to surprise investors by turning a $12 million profit, the plunging handset sales were just the latest in the stumble in the company’s slide toward irrelevance.

The company has joined the crowded Android bandwagon in an effort to reverse its fortunes, and it’s sure to receive a boost from all the hype surrounding the upcoming launch of the Verizon Droid. In the meantime, we have an answer to Om’s year-old question about how low Moto can go: very low indeed.

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