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Thursday, April 30, 2009

Motorola reports Q1 loss

Motorola’s financial results for the first quarter of 2009 show sales of $5.4 billion but a net loss of $231 million. It shipped 14.7 million handsets during those three months. Some analysts welcomed the figures, saying they were smaller than previous forecasts, while others expressed concern at the ongoing high level of losses. [Press release]

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