Motorola posts operating profit
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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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Strong sales of its latest mobile phones help Motorola report strong profits ahead of Wall Street expectations.
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Woes continue Despite a new CEO, there are no signs yet of a turnaround for Motorola. The company's mobile phone division recorded a shocking quarter, with the unit's revenues down 38 per cent year-on-year, losing $388m along the way. Motorola's mobile division recorded a $1.2bn loss in 2007.â¦
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Motorola Inc.  aims to cut the  cost of making its cheapest mobile phones by about $2 to $5 per  handset to improve profits, Chief Executive Ed Zander said on  Thursday.
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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., 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.
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Motorola Inc.  on Thursday posted a quarterly loss as revenue fell amid weak phone sales, as it loses market share.
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Motorola Inc.  on Tuesday said quarterly earnings rose 34 percent, beating Wall Street expectations, as it regained global market share in wireless handsets amid robust sales of its most advanced phones.
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By Srisamorn Phoosuphanusorn, Bangkok Post, Thailand  Feb. 9--Motorola is upbeat about the local mobile handset market this  year, forecasting sales growth of 20 percent in line with its global forecast.
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Says that amount would have been earned for the first 9 months of 2004, before AT&amp;T purchase. LOS ANGELES,  - Cingular Wireless would have posted a net profit of $650 million for the first nine months
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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.
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Motorola Inc. Chief Executive Ed Zander received $13.2 million in compensation in 2006, according to a proxy statement filed Friday, for a year in which the cell-phone maker boosted sales and market share but saw profits decline under pressure from rivals.
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Motorola posted a loss from continuing operations of $38 million, or 2 cents a share, compared with a profit of $1.35 billion, or 54 cents per share, a year earlier.
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Motorola Inc.  on Wednesday  warned of a second-quarter loss and said it no longer expected  its mobile phone business to be profitable this year, blaming  weak sales in Asia and Europe.
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Motorola Inc. will cut 1,000 jobs worldwide and take a charge of $50 million for severance benefits, officials said Tuesday. Motorola is completing a spinoff of its chip operations, now operating independently
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Motorola Inc. MOT.N, the  second-largest mobile phone maker, said on Tuesday it expects  to sustain strong sales growth in the second half of 2004 on  new handsets, sparking a 4.7 percent jump in its shares.
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Handheld computer maker palmOne on Monday posted a quarterly profit, versus a loss a year earlier, on stronger revenue spurred by solid sales of its Treo 600 mobile phone and other digital devices.