Motorola ditched cell phones and found a lucrative second act. Now it’s one of tech’s biggest turnaround stories
1 min read
Image caption: Fifteen years ago, about 75% of Motorola’s revenue came from cell phones; now about 75% of sales come from police and fire departments, as well as other state- and city-run public safety departments. Illustration by Maxomatic; Images courtesy of Motorola, Shutterstock. Article by Stephen Gandel. Yahoo: Finance – June 8, 2023. Originally published on Fortune.com.
Last August, not long after the devastating school shooting in Uvalde, Texas, officials in Houston—like many others across the state and the country—upped spending on safety measures. The city approved $2.3 million worth of new gear for its dedicated school security division. More than half of that money went to just one company: Motorola Solutions. […]
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