Motorola Inc. (MOT) Posts Profits For Q4

Symbols: MOT
Posted in: Earnings, News, Markets
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Motorola Inc. (NYSE: MOT) seems to be getting back on track to profitability.

The company did well on the Smartphone sales front during the quarter and registered profits. The company sold 12 million handsets, including 2 million smart phones during the quarter.

Motorola Inc. posted sales revenue of $5.7 billion which is below the street consensus of $7.1 billion. It was also down from the $7.1 billion figure a year ago. Its quarterly profits were seen at $0.06 per share on GAAP basis.


 
 
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