MSI to Launch New Handhelds (revised)

Zacks

To boost the working condition of the blue collar employees, police officials and other factory workers, Motorola Solutions Inc. (MSI) plans to launch new mobile computing devices supported by Microsoft Corp.’s (MSFT) Windows 8-based platform.

These will likely hit the market in the second half of fiscal 2013 or in the beginning of 2014.

These days, most firms are sidelining their traditional PCs and adapting to laptops. Moreover, with the advent of popular tablets like Apple Inc.’s (AAPL) iPads, the ease of doing work has become much easier.

So to tap the growing potential of the changing PC market, Motorola Solutions is emphasizing on developing such handheld tablet-like devices based on the newly launched Windows 8 operating system, hence giving these governments and low-paid employees the ease of doing their task effortlessly.

Motorola Solutions also manufactures tablets supported by Google Inc.’s (GOOG) Android software. Therefore, the company likes to expand its flexibility by offering multiple operating systems to its customers.

Recently, Motorola Solutions reported strong fourth-quarter 2012 results with the bottom line topping the Zacks Consensus Estimate but the top line missing the same.

Quarterly total revenue came in at $2,441 million, up 6% year over year. The up tick was mainly fueled by higher global demand across the government segments. Moreover, the company generated solid operating cash flow of nearly $1.1 billion for full fiscal 2012.

Currently, Motorola Solutions Inc. carries a Zacks Rank #3 (Hold).

(We are reissuing this article to correct a mistake. The original article, issued yesterday, Feb 6, 2013, should no longer be relied upon.)

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