News / Hardware
Motorola reports a first-quarter loss
In April 2008, Motorola reported a first-quarter net loss while preparing to separate its mobile-phone business from the rest of the company.
A weaker quarter
The company reported lower net sales than a year earlier and a loss that had widened year on year. Its Mobile Devices division also posted sharply lower sales and a larger operating loss, despite shipping millions of handsets.
Why the division mattered
The report placed those numbers in the context of a planned reorganisation. It showed how a handset business can shape the broader financial picture when volumes, sales value and operating results move in different directions.
Results from one reporting period
All figures describe Motorola’s first quarter of 2008. They are historical results and should not be treated as current financial performance or an assessment of any successor company.