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Saturday, January 7, 2012
Motorola warns of ‘modest profitability’ in Q4 due to competition, lawsuits
Motorola Mobility just sent out some updated guidance on its fourth-quarter 2010 earnings, and it's not sounding great. The company's estimating $3.4 billion in sales with "modest profitability." Some 10.5 million mobile devices were sold, with 5.3 million of them being smartphones. That's still morem smartphones than the 4.8 million in shipped in the third quarter . . . . → Read More: Motorola warns of ‘modest profitability’ in Q4 due to competition, lawsuits
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