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Slumping Razr Sales Slash Moto Earnings

Motorola posts larger-than-expected $194M loss

By Jim O'Neill,  Newser User

Posted Apr 24, 2008 7:59 AM CDT

(Newser) – Apple and Nokia chewed away at Motorola’s cellphone market share, pushing the troubled handset maker to a larger first-quarter loss than expected, Bloomberg reports. Moto lost $194 million, or 9 cents a share, and revenues fell 21% to $7.45 billion. The company also ...   Read full story »

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