Motorola posts $291 million loss in first quarter, mobile sales fall 45 percent
by Laura June 
posted Apr 30th 2009 at 10:12AM
Motorola has spilled some very unappetizing beans with its first quarter results. The company missed its projected sales figure of $5.62 billion, posting $5.4 billion, $1.8 billion of which were in its handsets division. The cellphone space is where the company seems to be hurting the most -- sales were down 45 percent there -- though some projections had it faring worse than that. Overall, Moto's looking at a $291 million loss, or $0.13 a share, which, even in this economy, can't be the greatest of news.
Reader Comments (Page 1 of 1)
Restoration @ Apr 30th 2009 10:22AM
why does Moto continue to operate a business?
BadMoto @ Apr 30th 2009 10:39AM
If Motorola made a desirable phone, then they wouldn't see a steep decline. Their fault for hiring bad managers and bad designers for clinging on to the Razor.
mi_canuck @ Apr 30th 2009 11:02AM
wow... can a company possibly SUCK as bad as Moto? i still use an old V3xx - great for tethering - FAST 3G... but their glory days are far behind them and they have yet to make a product in line with modern times and that people actually WANT... they either need to steal some bright minds from apple or rim, or go the way of the dodo in the cell market... they'll get what they deserve if they remain a stodgy bloated company run by bean counters...
Dan @ Apr 30th 2009 11:31AM
And they used to be so badass! I want to love moto again! Give us some more awesome handsets moto!!!!!
MotoMania @ Apr 30th 2009 12:46PM
Hahaha... EngadgetMobile is truly Motorola Haters Community.
Where Icon for Nokia when news about Nokia drop 90% sales?
Where Icon for Sony Ericsson when news about Sony Ericsson drop 50% sales?
So... Nokia, Sony Ericsson, Microsoft, and more famous brand drop sales are SUCK, BAD Managers, BAD designers and why they continue to operate a business? BAD NOKIA. BAD SONY ERICSSON. BAD MICROSOFT and BAD BRANDS.
Rob @ Apr 30th 2009 12:59PM
The difference is that those other companies havent been failing as long as Moto has. Moto is on the brink of total collapse, none of the other companies you pointed out are in nearly that much trouble. Thats the difference!
JSWinston @ May 1st 2009 3:29PM
@ Rob, I don't know, Sony Ericsson looks to be in worse shape than Motorola (which is saying a lot).
@MotoMania, you really brought up Nokia? Why, because they went from 40% market share to 38% market share? They sell more phones than Motorola over a single weekend. Bad comparison.
Epsilon-Not @ Apr 30th 2009 4:52PM
Sony Ericsson and Nokia's logos aren't nearly as easy to make into a sad face.
MotoMania @ Apr 30th 2009 1:19PM
Hahaha... I don't care about the difference!!!
The fact is EngadgetMobile is Motorola Haters Community.
MotoMania @ May 1st 2009 12:02AM
I can make easyly Nokia, Samsung, LG and Sony Ericsson Logos into a sad face.
Off course, EngadgetMobile doesn't want post a sad face for Nokia, Samsung, LG and Sony Ericsson Logos. Hahaha... Because EngadgetMobile is not Neutral and Truly Motorola Haters Community.
MotoMania @ May 1st 2009 12:06AM
I also can make easyly Epsilon-Not Logos to be a sad face. You want it?