Saturday, April 28, 2007

Motorola Posts $181M Q1 Loss on Limp Phone Sales (E-Commerce Times)

Motorola said Wednesday it slipped to a loss in the first quarter, hurt by disappointing sales of mobile phones, as well as expenses to cover a legal settlement, restructuring efforts and an acquisition. The telecommunications equipment maker said it lost $181 million in the first three months of 2007.

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