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Technology Stocks : Motorola (MOT)
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To: Eric L who wrote (3337)11/2/2010 6:01:35 PM
From: pyslent  Read Replies (1) of 3436
 
Motorola Mobility had mobile devices sales of $2.034 billion; shipped 9.1 million handsets, including 3.8 million smartphones with a GAAP operating loss of $43 million and non-GAAP operating earnings of $3 million. Blended handset ASP was ~$92.

Can someone help me out with the math here? If Moto generated $2.034B in sales across 9.1 million shipments, doesn't that average out to $223 per handset (ASP)? Conversely, if ASP was $92 per handset, wouldn't it follow that revenue from handsets should be $0.84B? Can anyone explain the discrepancy?
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