Motorola ended 2009 on a mixed note, with a profit but drooping sales.
For the fourth quarter, the mobile phone maker turned a profit of $143 million, compared with a loss of $3.7 billion in the same quarter of 2008. The 2008 quarterly loss was largely attributed to nonrecurring charges that Motorola was forced to take.
Sales for the fourth quarter were a disappointment, though, falling 20 percent to $5.7 billion, versus $7.1 billion from the year-ago quarter. Analysts polled by Thomson Reuters had forecast revenue of $5.9 billion.
For the full year, Motorola lost $51 … Read more