According to NetEase Technology News on October 30, Motorola today released its Q3 financial report. The report shows that in the third quarter, the company achieved a revenue of $7.48 billion, representing a year-over-year decrease of 15%. The net loss from continuing operations was $397 million, or a loss of $0.18 per share.
Motorola's profit figures include an asset impairment and restructuring charge of $0.23 per share. In this quarter, Motorola sold 25.4 million mobile phones, compared to 37.2 million during the same period last year, marking a year-over-year decline of 32%; this is also the seventh consecutive quarter that the company has seen a drop in mobile phone sales. Motorola also stated that...