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Motorola Profit Plummets 84% in Q4

Mobile-phone maker loses market share to Apple, Samsung

By Jim O'Neill,  Newser User

Posted Jan 23, 2008 7:25 AM CST

(Newser) – Motorola, blaming loss of market share to Apple and Samsung, today reported a fourth-quarter profit plunge of 84%. The nation’s largest mobile-phone maker said phone shipments fell 38%, and sales fell 18.2%. Reviving its ailing cellphone unit will take longer than expected, Motorola...   Read full story »

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