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Motorola Reports Q1 Financial Results: Mobile Devices Sales of $1.8 Billion; Shipped 14.7 Million Handsets

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Motorola Reports Q1 Financial Results: Mobile Devices Sales of $1.8 Billion; Shipped 14.7 Million Handsets - изображение

Motorola reported sales of $5.4 billion in the Q1 of 2009. The total GAAP net loss during this period was $231 million. The GAAP net loss from continuing operations was $291 million.

Mobile Devices segment sales were down 45% or $1.8 billion in comparison with the Q1 of 2008. The GAAP operating loss was $509 million while it was only $418 million in the Q1 of 2008.

During the Q1 of 2009, Mobile Devices Division shipped 14.7 million devices that make 6% of the global handset market as the company reports.

Source: ® in cooperation with Motorola

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