Motorola Announces First-Quarter Financial Results

Thursday, April 24th, 2008
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SCHAUMBURG, Ill. — Motorola, Inc. (NYSE: MOT) today reported sales of $7.45 billion in the first quarter of 2008.

Home and Networks Mobility segment sales were $2.4 billion, up 2 percent compared to the year-ago quarter. Operating earnings were $153 million, compared to operating earnings of $167 million in the year-ago quarter.

Home and Networks Mobility highlights:

  • Strong demand for High Definition and DVR devices resulted in shipments of over four million digital entertainment devices during the quarter, including a milestone three millionth IP device to-date
  • Announced several portfolio expansions, including a common wireless broadband platform to support both WiMAX and LTE and a family of MPEG-4 capable digital entertainment devices
  • Acquired a leading Chinese digital cable company, Dahua Digital, enabling a broader digital device portfolio for the Chinese market

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