Forum > General discussions > Other manufacturers > Motorolla's Fourth Quarter Results - Disaster

New Topic Post Reply Add to Bookmarks Posts: New posts 24 hours Hot Top 20 Account: Inbox / PM Login Register   Help Search Author Motorolla's Fourth Quarter Results - Disaster naveedaziz83 Joined: Nov 15, 2007 Posts: > 500 From: Saudi Arabia PM Posted: 2009-02-03 16:10 Motorola loses $3.6B, suspends dividend, CFO exits NEW YORK - Motorola Inc. posted a massive fourth-quarter loss Tuesday as it recorded charges to reflect the dwindling value of its cell phone business. The maker of telecommunications equipment also suspended its dividend and announced the departure of its chief financial officer. Its stock tumbled 11 percent. Motorola lost $3.6 billion, or $1.57 per share, in the fourth quarter. Nokia N8 Access the forum with a mobile phone via esato.mobi New Topic Reply