Motorola's losses mount
311729
Blog: Motorola reported more losses for the second quarter of 2007, but management hopes that a recovery is still on the horizon.
470453
The electronics company posts a big loss amid a variety of problems the company says are "self-induced." It also warns it expects an operating loss for the current quarter, which includes the rest of the holiday selling season.
664030
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.
757601
Sprint&#39;s negotiations to buy Nextel have ignited fears that Motorola will lose its exclusive deal to supply phones and equipment to Nextel.
57542
Motorola Inc., the world's No. 2 maker  of cell phones, on Tuesday said its quarterly profit more than  tripled, but growth in handset volumes disappointed Wall Street  and its shares fell 4.5 percent.
310417
Motorola mulls breaking up its business as it battles to recover from losses and weak sales.
520795
Motorola Inc.  posted its  second straight quarterly loss on Thursday as a lack of  advanced mobile phones cost the company market share and  dropped it into third place in the industry behind Nokia  (NOK1V.HE) and Samsung Electronics (005930.KS).
570510
Investor's Business Daily - Motorola's announcement Thursday that it might sell or spin off its cell phone business has hit a major disconnect with analysts, who call it a risky and difficult strategy.
239832
AT&T Corp. on Thursday reported a net loss of $7.1 billion, or $8.95 per share, for the third quarter of 2004, but that loss included asset re-evaluation and other charges of $12.5 billion.
437223
(InfoWorld) - Two days after it restructured operations, MotorolaÂ on Thursday reported that flagging sales of mobile devices were a factor in its second-quarter loss of $28 million, or $0.01 per share. The telecommunications device maker posted income of $1.38 million, or $0.55 cents a share, one year earlier. Revenue declined by 19 percent to $8.73 billion from $10.82 billion one year earlier. The drop was expected: Motorola issuedÂ preliminary financialsÂ last week, warning that its results would be lower than had been forecast. The company said Thursday that excluding one-time costs, it would have earned $0.02 per share. Analysts surveyed by Thomson Financial, who revised estimates lower after last week's warning, were forecasting break-even results on sales of $8.64 billion. Layoffs and other one-time charges were responsible for losses amounting to $0.04 per share. But the loss for the quarter underscores the company's beleaguered mobile device business, which has been outflanked by rivals including Apple. The pressure will continue. Motorola announced that it expects earnings in the third quarter to be equal to or slightly higher than the second quarter, and that its mobile devices unit will probably not be profitable this year. The company saw a drop in mobile device sales in Asia, a hot market where vendors are trying to get a big share of the market in fast growing economies, as North American and European markets become saturated with mobile phones. Motorola has taken steps to address its problems. The vendor announced Tuesday that it's restructuring into three business divisions: Mobile Devices, Home and Networks Mobility, and Enterprise Mobility Solutions. It also has a new chief of its mobile unit, Stu Reed. Motorola CEO Ed Zander has beenÂ under pressureÂ to resign. He attracted criticism from big-name investor Carl Icahn earlier this year, and recently has been attacked by activist shareholder Eric Jackson for the way he's running the company. Although Motorola has taken steps to cut costs, a core challenge for the company is product design in the competitive handset arena. ItsÂ Razr deviceÂ was praised for its design, but in a fast-paced market quickly became an also-ran, under a barrage of products from rivals that in addition to Apple include Nokia, Samsung Electronics, and LG Electronics. Despite expecting mobile phone sales to be under increasing pressure, Motorola did say that it expected its overall financial results to improve during the second half of the year. Thursday morning, Motorola shares were trading at $18.18, up $0.18 from its opening. Â
674404
Telecommunications firm MCI Inc. on Thursday posted a hefty third-quarter loss, saddled by costs from writing down the value of its network as the reorganized telecom faces intensifying industry competition.
215029
Motorola Inc  has essentially put its mobile phone unit up for sale, but the company is unlikely to be able to seal a deal any time soon despite a plethora of possible buyers.
470627
CHICAGO -- Wireless technology company Motorola Inc. said Thursday its profit plunged 94 percent in the third quarter, as sales fell substantially in its cell phone business and it narrowly averted a third straight quarterly loss.
48123
Samsung says there is too much overlap, buying Motorola's mobile phone unit is not a good idea.
576995
Motorola Inc. , which has  warned that it will post a second quarterly loss in a row,  announced a business reorganization on Tuesday that one analyst  said could help the mobile phone maker cut costs.
445767
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.
766525
Motorola Inc., the largest U.S. cell phone maker, more than quadrupled its third-quarter earnings to &#36;479 million thanks largely to new handsets that boosted its sales by 26 percent.