Motorola Chief Walks On Razr’s Edge

Second straight quarterly loss fans firing flames for Zander
By Jonas Oransky,  Newser Staff
Posted Jul 12, 2007 11:22 AM CDT
A signs displays Motorola cellular phones on sale outside a Radio Shack store in San Francisco, Wednesday, April 18, 2007. Motorola Inc. posted its first quarterly loss since 2004 on Wednesday as dismal...   (Associated Press)
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(Newser) – Motorola posted its second consecutive quarterly loss yesterday, amplifying calls for the ouster of CEO Ed Zander. Despite the popularity of the Razr handset, the company has likely ceded its second-place position in the cellphone wars to Samsung, and now analysts are doubting it'll turn a profit this year.

Zander himself is bearing the brunt of the blame, and is, BusinessWeek reports, “running out of scapegoats.” Wall Street is antsy about the CEO, a character with unusual “energy and impatience," whose fortune may be decided in the near future as shareholder Carl Icahn reportedly plans to move against him. (Read more Wall Street stories.)