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Motorola posts strong fourth-quarter on back of mobile sales

Antony Savvas

Motorola has posted strong fourth quarter results, helped by a big increase in mobile handset sales.

The company recorded fourth-quarter sales of $6.5bn (£3.7bn)  in mobile handset sales, which was 30% up on the same quarter last year.

The company said handset sales reached 44.7 million units in the quarter, which were 40% up year-on-year. Rival Sony Ericsson also recently reported strong fourth-quarter handset sales, for the vital period before Xmas.

Sales of operator network equipment fell in the quarter by 4% however, to $1.5bn, and operating profits slipped from $275m to $225m.

But in government and enterprise networking, sales were up 8% to $1.8bn, and operating profits jumped to $314m from $222m.

Motorola said total group sales for the full year were up 18% to $36.84bn, and operating profits jumped from $2.2bn to $4.6bn.


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