E-Mail:

Motorola Quarterly Revenue Misses Expectations

Looks as if Moto is not doing as well as some investors might like to see. Its revenue is just not what it used to be.

Motorola Inc., the world’s second-biggest mobile phone maker, on Tuesday posted lower-than-expected quarterly revenue and missed some analyst estimates on phone sales, sending shares down about 8 percent.

Motorola said its third-quarter profit fell to $968 million, or 39 cents a share, from $1.75 billion, or 69 cents a share, in the year-ago quarter, when it reported 39 cents per share of unusual gains including a gain from its investment in Nextel Communications… [Source: Reuters]

What Do You Think?

 

Want to Start a Blog Here for Free?

Are you an expert in one subject or another? If your goal is to help others and dispense hard-earned information back to the community, stake a claim on your very own Lockergnome blog today! You can write about anything - no matter the topic. Sign-up to start blogging!

Misc, News - Dec 19, 2007

700MHz Spectrum Auction: EchoStar, Slim, Gabelli are In

68 queries / 0.442 seconds.