Motorola was the first company to adopt the yet to be released Android Tablet OS and launched Xoom, offering users with the unique experience the world's fastest growing and the most advanced operating system was offering.
The company has sold more than 400,000 Xoom tablets by the second quarter of 2011. Xoom did fairly well given it was priced much higher than the iPad 2 and was locked into Verizon's network. Xoom was made available on Feb 24, 2011.
Experts believe if Motorola launched a WiFi model of Xoom priced competitively (under $500), the company would have sold more units. Motorola start selling the wifi model on March 27, by that time competitors like Samsung and Toshiba had announced their own models and users preferred waiting for these tablets to have a better comparison.
Android brought Motorola from ashes. The company reported net revenues of $3.3 billion in the second quarter of 2011, up 28 percent from the second quarter of 2010.
Total cash at the end of the quarter was $3.2 billion and includes cash, cash equivalents and cash deposits, and operating cash flow was breakeven for the quarter.
The Company shipped a total of 11.0 million mobile devices, including 4.4 million smartphones and 440,000 Motorola XOOM tablets. In the second quarter of 2010, the company shipped 8.3 million mobile devices, including 2.7 million smartphones.