[Reuters] Motorola sees loss on struggling mobile unit

Posted by: UGN Security

[Reuters] Motorola sees loss on struggling mobile unit - 01/23/08 10:51 AM

NEW YORK (Reuters) - Motorola Inc said on Wednesday it will post an operating loss in the current quarter as its cell phone business is taking longer than expected to turn around, dashing Wall Street hopes for a profit and sending its shares down 15 percent.



Source