Motorola Reports Handset Unit Losses Reach $194M
Posted in Politics, Business, News, Tech News, General on May 2nd, 2008
Handset maker Motorola reported another depressed financial quarter slowed by sluggish cell phone sales. The company lost $194 million during the period, up from the $181 million drop posted a year ago.
The mobile phone manufacturer said first-quarter revenue dove 21 percent to $7.45 billion with handset sales off 40 percent, or 27.4 million devices shipped.
Motorola’s […]