Feeds

Motorola losses grow over flabby Q1

Devices drag figures down

Intelligent flash storage arrays

Motorola has posted figures for the first three months of 2008, with a rise in losses, and handset sales down 39 per cent.

Overall, the net loss comes to $194m, or about nine cents per share, on revenues of $7.45bn. This compared to the $181m it lost in the same period last year on revenues of $9.43bn.

In the devices division, revenue from handset sales is down 39 per cent to $3.3bn, and the division lost $418m compared to only $233m last year.

Of course, the third largest mobile phone manufacturer is planning to cast off that drain on resources as soon as it's in a condition in which it might float.

Elsewhere, things are rosier. Home and Networks Mobility sold $2.4bn worth of kit, taking sales up two per cent, but operating earnings were down slightly at $153m versus $167m last year.

The Enterprise Mobility division saw sales rise five per cent compared to last year, and operating earnings almost doubled to $250m.

The company expects to reduce losses to between two and four cents a share over the next three months. ®

Beginner's guide to SSL certificates

More from The Register

next story
Download alert: Nearly ALL top 100 Android, iOS paid apps hacked
Attack of the Clones? Yeah, but much, much scarier – report
Broadband sellers in the UK are UP TO no good, says Which?
Speedy network claims only apply to 10% of customers
Virgin Media struck dumb by NATIONWIDE packet loss balls-up
Turning it off and on again fixes glitch 12 HOURS LATER
Yahoo! blames! MONSTER! email! OUTAGE! on! CUT! CABLE! bungle!
Weekend woe for BT as telco struggles to restore service
Fujitsu CTO: We'll be 3D-printing tech execs in 15 years
Fleshy techie disses network neutrality, helmet-less motorcyclists
Facebook, working on Facebook at Work, works on Facebook. At Work
You don't want your cat or drunk pics at the office
Soz, web devs: Google snatches its Wallet off the table
Killing off web service in 3 months... but app-happy bonkers are fine
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
New hybrid storage solutions
Tackling data challenges through emerging hybrid storage solutions that enable optimum database performance whilst managing costs and increasingly large data stores.