We didn’t need an analyst to clue us in on poor sales of Motorola’s key products, but that is exactly what we have today. Pacific Crest analyst James Faucette revised his full-year 2011 revenue estimates down from $13.7 billion to $12.25 billion. He also revised his 2012 revenue estimates down from $15.34 billion to $13.62 billion. Ouch!
He says that overall sell-through trends for the Xoom and Atrix have been disappointing and he believes the Atrix’s lower-than-forecast sales are a result of the $49 iPhone 3GS and the HTC Inspire, which makes perfect sense. What is Motorola going to do now? Hopefully they price their products better to start.