Disqus
Motorola’s financial figures for Q1 2008 are out and they are not pretty. While the handset division made $3.3 billion in sales, it operated at a loss of $418 million which would mean Motorola lost $15.25 on every handset the sold. We’re all waiting for the spin off to happen, more importantly I hope someone buys them and picks up all that talent while firing all the top brass who have managed to sink the titanic.
In the conference call CEO Craig Brown said “We introduced six new products in Q1 … we expect more products in Q2.” Hope that does something, anything, for your bottom line.
[Quote via Moco News]
About The Author
Stefan Constantinescu
Stefan Constantinescu (@WhatTheBit on Twitter) has loved technology since as far back as he can remember. It started with computers, but in the past few years his passion has turned to mobile devices. As a mobile phone enthusiast who lives and breathes devices that connect to the internet, he knows he is not alone with this radical fascination of all things wireless. He is strongly opinionated and enjoys a good debate so leave comments in his posts and he’ll get back to you! Stefan began blogging as a hobby in the fall of 2006 and joined IntoMobile in the summer of 2007. Later he got a job at Nokia in March 2008, but as of June 2009 he has rejoined the IntoMobile team. He is currently based out of Helsinki, Finland.
