Feeds

Motorola makes first Q1 loss in 15 years

Chip sales slump by 22 per cent

  • alert
  • submit to reddit

Motorola has made a Q1 loss - its first in 15 years.

Excluding charges the loss was $206 million compared with $481 million a year earlier. Sales fell 11 per cent to $7.75 billion.

Semiconductor sales fell by 22 per cent to $1.5 billion, and orders slumped by 47 per cent to $1.1 billion. The chip businesses operating loss was $131 million, compared with a profit of $128 million in the same period a year earlier.

Motorola's broadband communications business, which includes cable modems and digital cable TV set-top boxes, enjoyed faster sales growth than any other bit of the business. Sales jumped 21 per cent to $818 million, orders increased three per cent to $905 million, and operating profit climbed from $99 million to $130 million. ®

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.