Motorola discovers cheaper phones lead to lower profits
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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¦
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Nokia and Motorola, who dominate the  low-cost mobile phone segment, could feel the pinch after  Vodafone's  deal to buy cheap handsets from Chinese  handset maker ZTE (000063.SZ).
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Motorola blamed a 15% loss in revenues on declines in mobile device sales in 2007, while new CEO Greg Brown said the company is focused on getting phone sales 'back on track.'
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Motorola Inc  on Thursday posted a small third quarter profit from continuing operations and forecast another profit for the current quarter even as revenue fell from a year ago.
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Motorola Inc. , which has been losing market share amid criticism of its mobile phone line-up, on Thursday posted a quarterly loss as revenue fell amid weak phone sales.
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Cell phone maker Motorola warned of a second-quarter profit and sales shortfall, blaming poor results in its mobile devices business in Asia and Europe.
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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 15 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 20 percent.
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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 said Thursday that it was exploring the possibility of selling or spinning off its cellular phone business as a way to make the company more profitable.
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CHICAGO -- Cell-phone maker Motorola Inc. posted a $28 million second-quarter loss Thursday as continuing weak sales resulted in its first back-to-back losses in five years.
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Motorola Inc. on  Monday unveiled several new handsets, including the Krzr and  the Rizr, which are narrower than its flagship Razr.
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German phone giant Deutsche Telekom sees annual profits fall, following tough competition and lower prices.
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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 20 percent.
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Motorola may spin off its handset business, the weakest part of a wireless giant that has seen hard times and a management shakeup in recent months.The company is &quot;exploring the structural and strategic realignment of its businesses to better equip its Mobile Devices Business to recapture global market leadership and to enhance shareholder value,&quot; Motorola said in a statement Thursday. &quot;The company&#39;s alternatives may include the separation of Mobile Devices from its other businesses.&quot;The handset unit has had trouble coming up with a successor to the popular Razr phone, and in last year&#39;s third quarter it fell to third place in worldwide sales behind Samsung. But spinning off the division, which forms the largest part of Motorola&#39;s business, would be a drastic move.Motorola had 13 percent of the worldwide handset market in last year&#39;s third quarter, down from a 21 percent share a year earlier, according to Gartner. Samsung had 15 percent and Nokia 38 percent.Thursday&#39;s announcement doesn&#39;t guarantee the handset business will be spun off. CEO Greg Brown said in the statement that Motorola was exploring ways in which the unit can recover faster and retain and attract talent, plus help shareholders &quot;realize the value of this great franchise.&quot;In its fourth-quarter results announced last week, Motorola said the Mobile Devices Business lost $388 million on revenue of $4.8 billion, down from a profit of $341 million on revenue of $7.8 billion a year earlier. Fourth-quarter sales were up in both the Home and Networks Mobility group, which makes set-top boxes and wireless infrastructure, and in Enterprise Mobility, which benefitted from&#160;Motorola&#39;s acquisition of Symbol Technologies&#160;early last year.Motorola as a whole lost $49 million for the year.&#160;CEO Ed Zander stepped down in late November, replaced by Brown.
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Palm Inc.  posted lower  quarterly earnings on Thursday as increasing sales of its Treo  smartphones were offset by a downturn in its more profitable  handheld computers.
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Motorola Inc  on Thursday posted a quarterly profit from continuing operations in the third quarter but revenue fell.