Newsbrief by Todd Haselton on Friday May 28, 2010.
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Two new Motorola Android smartphones will be landing on Verizon Wireless in July, The Wall Street Journal is reporting. The phones will launch as part of a new deal between Motorola and Verizon Wireless in which Verizon will heavily promote Motorola's new phones. The devices could have the the DROID label, which Verizon licenses from Lucasfilm Ltd. and applies to its high-end smartphones. Verizon spent $100 million marketing the original Motorola DROID, and Motorola co-CEO Sanjay Jha said "We will introduce new DROID products in the Verizon franchise," without providing more details. Motorola currently loses an average of $22 for every handset it ships.source: The Wall Street Journal