It’s a good day here, because rather than poor ‘ol Sad Moto we get to bust out Happy Moto, as Motorola has released some good news in its Q2 financial report. Earnings were $162 million, up from $26 million this time last year . That sounds like a big jump, but compared to overall sales of $5.4 billion you can see things are still rather tight — especially since those sales were down from $5.5 billion the year before and all-important mobile device sales figures dropped six percent to $1.7 billion.

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Motorola manages $162 million Q2 profit, turns that frown upside down

Well this is getting good . Motorola was one of the first to take a subtle swipe at Apple’s iPhone 4 antenna dilemma with an ad saying you could hold the Droid X “any way you like,” Apple came right back with a video purportedly showing the Droid X suffering similar attenuation issues when held in the right hand, and now Moto’s responded with this cheeky ad that plays off Apple’s free iPhone case solution by saying the Droid X can make calls “without a bulky phone jacket.” Yeah, it’s pretty good — particularly because unlike most other phones, we haven’t been able to death grip the Droid X with any noticeable effect on 3G reception

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Motorola takes another shot at the iPhone 4, says Droid X is ‘no jacket required’

Man, if you thought the lawsuit action in the mobile space was crazy before, well, you ain’t seen nothing yet — Motorola just sued Huawei and over a dozen former employees for conspiring to steal its wireless trade secrets and other proprietary technology over a period of years starting in 2001.

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Motorola sues Huawei and several former employees for stealing wireless trade secrets

You know, some people get married with less information about their partner than we already have about the Droid 2 .

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Droid 2 and Android 2.2 fated to be together from the start, according to latest leaks

Chances are you’re a little sick of different carriers having different qualities of service in different areas of the country, and have probably wondered at some point: “Can’t we all just get along?” The answer is no, we can’t, but LightSquared is looking to launch something of an alternative. It’s starting a multi-billion dollar wholesale LTE deployment that will run coast-to-coast in the United States, covering 90 percent of the population by 2015.

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LightSquared does LTE and satellite connectivity wholesale, Nokia Siemens to do the heavy lifting (video)

Nokia Siemens has just announced that it will be purchasing Motorola’s wireless network infrastructure for a cool $1.2 billion in cash. This comes on the heels of an announcement by Moto that it would be splitting the company in two, one for Mobile Devices and one for Broadband and Mobility Solutions.

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Nokia Siemens picks up Motorola network infrastructure division for $1.2 billion

A solid four months after first seeing thing plastered across half of Las Vegas, Motorola’s i1 finally has a date with Sprint. The planet’s first Android-equipped smartphone with Nextel Direct Connect will go nationwide on July 25th (via telesales and websites; all other Sprint channels will see it on August 8th), bringing military spec ruggedness, push-to-talk capabilities and a certain ability to withstand all sorts of death grips. Unfortunately, Android 1.5 is a bit of a dinosaur at this point, but it’s still a heck of a lot better than that G’zOne Rock you’re currently toting.

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Motorola’s rugged i1 coming to Sprint: July 25 for $150 on contract

If you’ve been busy wondering what a 1,000mph car might look like, here is your answer. A full-sized model of the Bloodhound SSC has been hammered together and is currently on show at the Farnborough International Air Show. We reckon the reason it’s there is because the real deal Bloodhound will be built by aeronatics companies and its supersonic speed will justify describing its movement as “flying.” Three of the men responsible for the project, including driver Andy Green, were involved in the current land speed record holder, the Thrust SSC, which acheved 763mph back in 1997

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Bloodhound SuperSonic Car gets a full-scale model ahead of land speed record attempt

Astute reader Dominic was just minding his business, hunting for hints in the Droid Does website source code, when what should he allegedly discover but an entire Droid 2 spread inside an Shockwave Flash file. To our knowledge these may be the first official images of the Motorola A955, though of course we’ve already seen it a number of times before

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First official Droid 2 pictures spotted in teaser site code?

Verizon told CNET the company had “done everything possible” to ensure adequate supply of the Droid X , but there’s apparently no anticipating the demand for a top-tier smartphone — like the Droid Incredible before it, the giant 1GHz Motorola handset is already out of stock, both online (today’s orders suffer a ten-day delay) and in many brick and mortar stores. Verizon confirmed the shortages in a communique to Android Central , saying the company was pleased with initial sales, and that though they were “successful at keeping up with early demand” supplies are presently “low or out.” Tomorrow’s just not going to work out, our anti-gravitational friend — can we take a July 27th raincheck

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Droid X sold out online and scarce at retail