Troubled Motorola has more bad news for industry analysts as its first quarter results don’t look too rosy. The manufacturer fell just short of its goal of $5.62 billion in sales with sales of $5.4 billion. Motorola’s handset division accounted for $1.8 billion of that figure with 14.7 million handsets having been shipped, which gives Motorola a 6% share of the global mobile phone market. Although some had projected worse the end result was a 45% downturn in sales in its handset division in comparison to Q1 2008, reaffirming the trouble that the handset division has seen of late. What all this translates to is a $291 million loss for the company, which Motorola hopes can be turned around with the launch of various new handsets this year, including at least running Android.
Motorola Sees Q1 Sales Slump
May 4th, 2009 · Source [Androidcommunity] · No Comments
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