Motorola Q2 estimates dragged down by mobile devices business

Deffree, Suzanne
July 2007
Electronic News;7/16/2007, Vol. 53 Issue 29, p35
Trade Publication
The article reports that Motorola Inc. has announced preliminary second quarter (Q2) estimates that show damage done by its struggling mobile devices business. The company now expects sales to be in the range of $8.6 billion to $8.7 billion, down from previously estimates for sales essentially flat with first quarter (Q1) sales of $9.4 billion. Motorola is attributing the sales shortfall to lower overall unit volumes in the mobile devices business in Asia and Europe.


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