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Thursday, April 29, 2010

Motorola releases Q1 2010 results

Motorola has published financial results for the first quarter of 2010. Its Mobile Devices division sold $1.6 billion of products (down 9% year-on-year), made an operating loss of $192 million (much better than 2009) and shipped 8.5 million handsets (including 2.3 million smartphones). Overall, Motorola made a profit of $69 million; a dramatic change from a year ago, when it lost $231 million.

[PDF financial tables]

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Author: The Fonecast
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Tags: motorola

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