Motorola Posts Small Profit as Phone Sales Beat Expectations

Posted: 125 days ago

Motorola narrowly kept its No. 3 ranking in the global phone market ahead of LG Electronics and posted a small quarterly profit after more than a year of disappointing results. Motorola said it sold more mobile phones than expected due to strength in North America. - NEW YORK (Reuters) - Motorola Inc posted a small quarterly profit after more than a year of disappointing results, as it sold more mobile phones than expected due to strength in North America, sending its shares up 13 percent. The company, which narrowly kept its No. 3 ranking in the global phon...