Motorola to make high-quality, low-cost smartphones

HEARD ON THE STREET: Google to Motor Over Android Profits - " "One of the areas that we think is really open for Motorola is building high-quality, low-cost devices....The [wholesale] price of a smartphone is $650? That's not gonna persist." Talk like that should have executives at Samsung, whose devices primarily run Google's Android mobile-operating system, shaking in their boots. Folks at Apple should also be sweating. Later this year, Motorola is releasing a new high-end smartphone called Moto X that will compete with the iPhone and Samsung's Galaxy S4. If Motorola, which also makes Android phones, sets a low price to grab market share, it could help drain rivals' profit pools."

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