Moto says hello to disappointment with Q2 warning
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End of Zandr line cheers gloomy investors Motorola is forecasting another dreary quarter, citing poor sales in Asia and Europe for its lower-than-expected outlook.â¦
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Company says results will fall short of estimates because it won't be able to ship its Treo 750 on time in the U.S.
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Amid increasing competition in a fickle cell phone market, Motorola Inc. expects to report a loss for its mobile devices business in 2007 and now estimates that second quarter sales will be lower than expected.
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Plus: Motorola profit shrinks, phone forecast dims...Apple posts good Q1, despite slow iPod sales...Microsoft expected to post healthy profits...Seagate turns in mixed report.
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Motorola Inc. said Thursday its profit plunged 94 percent in the third quarter on sharply lower sales, but the ailing cell-phone maker showed signs of improvement in its cell-phone business and painted a more upbeat outlook for its future.
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Motorola Inc  said on Wednesday it will post an operating loss in the current quarter as recovery in its cell phone business is taking longer than expected, dashing Wall Street expectations for a profit and sending its shares down as much as 14 percent.
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Motorola Inc said on Wednesday it will post an operating loss in the current quarter as its cell phone business is taking longer than expected to turn around, dashing Wall Street hopes for a profit and sending its shares down as much as 23 percent.
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Motorola Inc's  rapidly  declining fortunes in the past few years have sent shock waves  through the wireless industry, providing a stark reminder that  what is cool one day may be deeply out of favor the next.
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Motorola Inc. , the world's  second-biggest maker of mobile phones, expects the first half  of 2007 to be "rocky" before improving in the second half,  Chief Financial Officer David Devonshire said on Wednesday.
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Are there more changes ahead for Motorola?
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In an attempt to turn around weak quarterly results, Motorola's CEO says the company will spend less to manufacture its low-end phones.
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Motorola Inc. may have gotten a  Christmas present from rival cell phone maker Samsung -- the  Asian company was slow to beef up its product portfolio in time  for the holiday season, giving Motorola's newest feature-rich  phones an edge, analysts said.
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Motorola Inc. may have gotten a Christmas present from rival cell phone maker Samsung -- the Asian company was slow to beef up its product portfolio in time for the holiday season, giving Motorola's newest feature-rich phones an edge, analysts said.
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Samsung's Q1 Ultra mobile PC shows that Samsung listened to criticism. But this second-generation device still doesn't live up to its potential.
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The number 1 U.S. automaker slides as investors anticipate December sales results to be weak.
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With a sleek design and an even sleeker advertising campaign, Motorola Inc. is banking on its new Razr2 cell phone to pump up anemic sales and provide a rosier future after a yearlong slump punctuated by back-to-back losses.
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Slips to number three in phone rankings Motorola has announced its second loss-making quarter, pushing the beleaguered manufacturer into third place behind Nokia and Samsung.â¦