Motorola V710
I wonder...
how a company that makes such "lousy phones" (according to some on this board) can gain market share in such a cut throat market like handsets? Read on McDuff...
7/20/2004 07:07 PM
Story provided by
Motorola posts loss but picks up handset share
By Ben Klayman
CHICAGO, July 20 (Reuters) - Motorola Inc. (MOT) on Tuesday posted a quarterly net loss due to the partial spinoff of its chip unit, but sales surged and it won share from its rivals in the growing global cell phone market.
Motorola, whose shares rose 5.6 percent in after-hours trading on INET, also forecast stronger-than-expected sales in the current third quarter.
Motorola reported a second-quarter net loss of $203 million, or 9 cents a share, compared with a...
(continues)
7/20/2004 07:07 PM
Story provided by
Motorola posts loss but picks up handset share
By Ben Klayman
CHICAGO, July 20 (Reuters) - Motorola Inc. (MOT) on Tuesday posted a quarterly net loss due to the partial spinoff of its chip unit, but sales surged and it won share from its rivals in the growing global cell phone market.
Motorola, whose shares rose 5.6 percent in after-hours trading on INET, also forecast stronger-than-expected sales in the current third quarter.
Motorola reported a second-quarter net loss of $203 million, or 9 cents a share, compared with a...
(continues)
...
