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Motorola earnings strong on phone sales

October 19th, 2004 · Source · No Comments

Motorola’s third quarter 2004 results are strong thanks to brisk sales of mobile phones. The company reported a net income triple the same quarter last year. Here are the numbers:

  • Net income of $479 million or 20 cents a share
  • Revenue of $8.62 billion, up 26%
  • Personal communications (includes mobile phones) revenue of $3.9 billion, up 34%

Motorola is expecting sales to increase a bit during the next quarter, which includes the holiday shopping season.

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