ricep5Premium
join:2000-08-07
Jacksonville, FL | Other Divisions They have other divisions that are doing fairly well.
M owns spectrum for private radio use.
M makes law enforcement radio gear which is high margin
Recently bought Netopia, not a cash king, but has great channel with telecoms
M owns Good Software, decent software for phone sync
M is a great engineering company that has struggled making competitive mass market devices.
Still owns a part of Freescale, the joint venture with IBM that makes Power CPU's and other discrete microelectronics.
While handsets are a big loss, it is nowhere near what they lost trying to develop Windows NT for PowerPC. Iridium was a large loss but that was syndicated amongst bondholders.
You have to give them credit, they take risks, its just that they have lost too much on each one lately. |
 GooberPremium
join:2000-12-17
Naperville, IL
kudos:4
1 edit | Freescale wasn't a joint venture with IBM. It was the old semiconductor division that was spun off.
When I was there, we all acknowledged and knew that Mot was never good in commodity businesses. Handsets have overall become commodity items now. |
