Motorola’s Droid is a promising early step in the company’s comeback plan, but it has to become a hit if it’s going to turn around its handset division.
Pierre Ferragu of Bernstein charted the rise and fall of Motorola in a report he released this week. The company only has 5% market share right now, “a territory from which virtually no handset maker has ever come back.”
He also says Motorola needs to focus on high end smart phones, and innovation. It was always driven by hit handsets. It let up after the Razr, and was leapfrogged by rivals like Apple and RIM.
Follow the Chart Of The Day on Twitter: www.twitter.com/chartoftheday
Get This Delivered To Your Inbox
You can get this dropped in your inbox every afternoon as The Chart Of The Day. It’s a simple. It’s convenient. It’s free. All we need is your email address (though we’d love your name and state, too, if you’re willing to share it). Sign up below!
Email State First Name Last Name
NOW WATCH: Tech Insider videos
Business Insider Emails & Alerts
Site highlights each day to your inbox.