Motorola Q1 Dismal, Loss Widens, No Update On Spinoff (MOT)
...loss, or 9 cents per share, worse than its $181 million loss during Q1 2007. Excluding costs from job cuts , the company posted a 5 cents per share loss -- 2 cents better than the 7 cents per share loss the Street was expecting
The company sold 27.4 million phones last quarter, down 40% from 45.4 million a year ago. Mobile revenue dropped 39%...
