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Saturday, July 20, 2013
Moto X phone by Google's Motorola features
Related Tags: - Google's Motorola unveil its Moto X phone on August 1, 2013
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It has features 1.7GHz dual-core processor and a 10-megapixel rear-facing camera.
Motorola, which Google bought for $12.5 billion, has steadily ceded market share to Apple Inc and Samsung Electronics Co, with most of its latest phones garnering relatively lukewarm receptions.
Motorola business has been a drag on Google's profit margins, with Motorola's second-quarter losses totaling $342 million.
A Web page to respond to the invitation said, "Come experience the new Motorola. No Stage. No crowds." The page asks guests to select one of several "sessions" to attend at different times at an address in mid-town Manhattan.
Motorola CEO Dennis Woodside said at the AllThingsD technology conference that the new Moto X phones would be built in the U.S.
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