We think Sanjay Jha, the overpaid co-CEO of Motorola and CEO of the company’s Mobile Devices unit, will join the ranks of the unemployed in the not-too-distant future.
Horrible Disaster
Motorola’s mobile phone business continues to fall off the cliff.
This morning, Motorola announced its first quarter results and the Mobile Devices business headed by Sanjay Jha is a horrible disaster.
Sales at the Mobile Devices unit are down year-over-year by 45% to $1.8 billion in the first quarter while the losses are up 22% to $509 million.
Sanjay Jha
Co-CEO, Motorola
Mobile phone sales at the company are down by over 46% to 14.7 million units in the first quarter from 27.4 million units in Q1 of last year.
Motorola’s share of the mobile phone business fell to 6% from 9.4% in the first quarter of 2008.
Motorola is hoping that the Google Android-powered smartphones it plans to launch later this year will help it rebound.
We remain skeptical.
We continue to believe that the combination of an aggressive Apple (you guys heard of the iPhone?), a resurgent Samsung, imminent launch of Palm Pre and the Goliath of the business Nokia means Sanjay Jha has very little chance of salvaging Motorola’s mobile phones business.
Related Stories:
Ailing Motorola Names Sanjay Jha Co-CEO
Motorola Co-CEO Tops Pay Survey
Death Watch – Motorola’s Overpaid Co-CEO Sanjay Jha added by SearchIndia.com on
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Motorola does not provide a great UI & UX when compared to other mobiles at the same cost [Such as Nokia], does it?
SearchIndia.com Responds:
We’ve had some Motorola phones in the past…junk.
Besides Motorola, over the last 10+ years we’ve also used Kyocera, Nokia, LG, Sanyo, Palm et al.
Nothing comes close to the iPhone in ease of use and features.
IPhone was not a hit in India, thanks to its price. When it was announced with the prices such as USD 100, and USD 200 in USA, it was set at Rs.20000+ and Rs.33000+ in India initially. [Conversion rate was at 48 Rs for 1 USD, but still the price is higher]. Vodafone and Airtel were the service providers.
Seeing it is taking a blow, the price was later reduced to Rs.15000+ and Rs.20000+. But due to lack of few features [such as Bluetooth], it was not going to be a trendsetter.
SearchIndia.com Responds:
Two corrections in your above comment:
* the prices for iPhone 3G in the U.S. were/are $199 (8GB) and $299 (16GB) not $100 and $200. Plus 2 year contract with a minimum of $72 per month
* iPhone 3G has Bluetooth
iPhone is a roaring success in the U.S.
I agree to your above corrections.. Sitting in slumber state before the computer 😉
SearchIndia.com Responds:
No problems. 🙂
sanjay is smart enough to get that big pay. he is not a vetty blogger like u. u r nowher near sanjay. even when he fails…poi kitchenla sundal saptutu [trash talk]
SearchIndia.com Responds:
Lo, here comes the idiot du jour.
Sanjay was my childhood friend say when he was some 4-5 yrs old. Being a kid, he was quite destructive. I never saw the potential of a CEO in him. Now these results proves 2 things… one, sanjay is still destructive and two, I was right in judging him…..
SearchIndia.com Responds:
Really.
We thought you never went to school.
You could have directly told that you are not trusting me.
haha he made $104 million dollars last year. hahahaha.
SearchIndia.com Responds:
Sick.