Motorola announces mobile division shutting down?

Yi-Wyn Yen — Tue, 03 Feb 2009 13:07:31 -0500

Motorola co-chief executive Sanjay Jha said the company is "completely committed to making the handset business work."

However, Motorola's financials suggest the opposite. The company posted a huge Q4 loss of $3.6 billion. Sales in its struggling cell phone division dropped 51% to $2.3 billion for the quarter with an operating loss of $595 million. Motorola's market share for mobile devices has dropped to 6.5%, half of what it was a year ago.

Motorola has been scaling back on its mobile devision. It says it will develop a device based on the Google Android operating system later this year. Analysts are skeptical that an Android-based Motorola handset will be enough to save the company. In this environment it will be extremely difficult for the Motorola to sell off its mobile phone business.

Prediction: Motorola announces by the end of 2009 that it will shut down its fading mobile devices division.

Motorola announces mobile division shutting down?

Yi-Wyn Yen — Tue, 03 Feb 2009 13:07:31 -0500

Motorola co-chief executive Sanjay Jha said the company is "completely committed to making the handset business work."

Prediction: Motorola announces by the end of 2009 that it will shut down its fading mobile devices division.

Motorola announces mobile division shutting down?

Yi-Wyn Yen — Tue, 03 Feb 2009 13:07:31 -0500

Motorola co-chief executive Sanjay Jha said the company is "completely committed to making the handset business work."

Prediction: Motorola announces by the end of 2009 that it will shut down its fading mobile devices division.

Motorola announces mobile division shutting down?

Yi-Wyn Yen — Tue, 03 Feb 2009 13:07:31 -0500

Motorola co-chief executive Sanjay Jha said the company is "completely committed to making the handset business work."

Prediction: Motorola announces by the end of 2009 that it will shut down its fading mobile devices division.

Motorola announces mobile division shutting down?

Yi-Wyn Yen — Tue, 03 Feb 2009 13:07:31 -0500

Motorola co-chief executive Sanjay Jha said the company is "completely committed to making the handset business work."

Prediction: Motorola announces by the end of 2009 that it will shut down its fading mobile devices division.

Motorola announces mobile division shutting down?

Yi-Wyn Yen — Tue, 03 Feb 2009 13:07:31 -0500

Motorola co-chief executive Sanjay Jha said the company is "completely committed to making the handset business work."

Prediction: Motorola announces by the end of 2009 that it will shut down its fading mobile devices division.