Motorola posts $291 million loss in first quarter, mobile sales fall 45 percent

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.

On the bright side, during the earnings briefing, CEO Sanjay Jha confirmed that Motorola will indeed introduce "differentiated Android-based devices" in time for the holiday season this year. Hooray for that, anyway!



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I sure hope the Morrison does not still have them funky colors.  That would hurt a (theoretically) better featured phone than the G1.

If the specs are accurate and color not funky, they will sell gabillions of them.

I sure hope the Morrison does not still have them funky colors.  That would hurt a (theoretically) better featured phone than the G1.

If the specs are accurate and color not funky, they will sell gabillions of them.

And Motorola gives the Morrison out to more than T-Mobile. They aren't Apple so selling the Morrison only on T-Mobile isn't going to help them at all.

True.  I do think if the Morrison is released with appealing colors and has the specs that were "leaked"- we will see MANY G1's on eBay.   

With the next OS releases coming out sucking up even more space, consumers will be screaming this fall.  NO WAY the G1 does not lose some more app space unless G1 gets a superficial update.