Motorola losing momentum?

04/19/2007 | Financial Times (free content)

Weak handset sales have led to a first-quarter loss for Motorola. The handset maker shipped 45.4 million handsets during the quarter, down from 65.7 million in the prior quarter. A loss of 8 cents a share translates into a loss of $181 million, and this after last year's $686 million profit. Still in competition with Nokia, Motorola will try to boost its profit in the second quarter.

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