UPDATE 3-Motorola profit rises, handset volume disappoints
297401
Motorola Inc. (MOT.N: Quote, Profile, Research) , the world&#39;s No. 2 maker of cell phones, on Tuesday said its quarterly profit more than tripled, but growth in
187401
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.
310791
Mobile handset maker Motorola turns in a fourfold jump in profits, crediting strong demand for its new-look phones.
321063
OT&quot;&gt; Motorola, the world&#39;s second-largest maker of cellphones, said yesterday that its profit more than quadrupled in the third quarter and revenue jumped 26 percent compared with the quarter
692440
Plus: Camera sales boost Matsushita profits...Verizon sales rise, led by wireless growth...Motorola shares rise after profit beats estimates...Electronics sales push Sony to profit.
710154
Motorola Inc. , the No. 3 worldwide maker of cell phones, on Tuesday said quarterly earnings rose, helped by robust holiday sales.
639671
Nextel Communications Inc., the sixth largest U.S. mobile company, on Friday said its third-quarter profit rose amid strong customer growth and it raised its earnings forecast for the full year.
108798
Motorola&#39;s mobile-phone business continued to lose its signal in the fourth quarter, dragging the company&#39;s revenue and profit down.The Schaumburg, Illinois, company has had trouble coming up with a phone to match the success of its original Razr, which is now several years old and does little for the company&#39;s bottom line. Motorola&#39;s Mobile Devices unit had sales of $4.8 billion in the fourth quarter, down from $7.8 billion a year earlier, and the division lost $388 million compared with profit of $341 million in last year&#39;s fourth quarter.Stronger results with enterprise and home-network products eased Motorola&#39;s pain, but the company still reported a steep fall in profit for the quarter and a loss for the full year 2007. In the fourth quarter, Motorola had net income of $100 million and earnings per share of $0.04, down from $529 million or $0.25 a year earlier. The company lost $49 million or $0.02 per share for the year. Companywide, revenue in the quarter fell to $9.6 billion from $11.8 billion a year earlier.The outlook for the current quarter is no better. Along with Wednesday&#39;s earnings report, Motorola forecast a loss of between $0.05 per share and $0.07 per share, excluding charges associated with its cost-reduction initiatives and other items.&quot;The recovery in Mobile Devices will take longer than expected and there is a lot more work to be done,&quot; CEO Greg Brown said in a prepared statement. The company&#39;s &quot;primary focus&quot; is to improve profits and enhance its mobile products, he added. Motorola is also focused on reducing costs and took several steps to make the Mobile Devices business more efficient, he said.Once locked in a struggle with Nokia for cell-phone sales leadership,&#160;Motorola had fallen to third place&#160;behind Samsung by last year&#39;s third quarter. Last May, when it introduced the Razr&#39;s successor, called the Razr2, the company said it hoped the new device would cut losses. But tough times have continued in the face of Apple&#39;s iPhone and other high-profile competitors, and in late November,&#160;CEO Ed Zander was replaced by Brown.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 Motorola&#39;s acquisition of Symbol Technologies early last year. The home business saw sales rise 11 percent to $2.7 billion, though its profit fell to $192 million. Profit in the home business soared to $451 million from $323 million in the fourth quarter of 2006, while sales were up 35 percent to $2.1 billion.In midday trading Wednesday, Motorola&#39;s shares on the New York Stock Exchange were down $2.32 to $10.00 amid a generally weak day on Wall Street.
178871
Net income increase 41%, revenue nearly doubles AT&amp;T posted a 41 per cent profit increase in the third quarter, largely attributed to iPhone sales.â¦
212320
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.
251058
Motorola Inc., the world's second-largest mobile phone maker, said on Tuesday it expects to sustain strong sales growth in the second half of 2004 thanks to new handsets with innovative designs and features.
622751
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.
186893
The research firm&#39;s third-quarter handset sales figures are out, indicating the South Korean company took more of the market than rival Motorola for the first time as total sales set a new record.
632650
Stock futures rose on Thursday as results from mobile phone maker Motorola Inc  and fellow tech leader EMC Corp  helped ease worries about third-quarter earnings.
668442
Cell phone maker Motorola Inc. on Wednesday warned of a second-quarter profit and sales shortfall, blaming poor results in its mobile devices business in Asia and Europe. The company also said it no longer expects mobile devices &#151; its largest business &#151; to be profitable in 2007.
231289
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.
311729
Blog: Motorola reported more losses for the second quarter of 2007, but management hopes that a recovery is still on the horizon.