Friday, July 30, 2010

Motorola profits up sharply

NEW YORK - MOTOROLA posted a six-fold increase in quarterly net profit on Thursday and an optimistic outlook for its mobile phone division ahead of its separation next year. Motorola reported a second-quarter net profit of US$162 million (S$220 million), or nine cents per share, compared to US$26 million, or one cent per share, a year ago. Wall Street analysts had been expecting eight cents per ...
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