What do you do when your company's fourth-quarter profits were down $3.6 billion? You talk up how bright the future's going to be.
And that's just what Motorola CEO Sanjay Jha did this week did in discussing his Q4 report.
On the year, Moto sales totaled $30.1 million for a net loss of $2.4 billion. And they're expecting a loss of between $250 million and $300 million for the first quarter of 2009. Them's a lot of millions and billions.
On the mobile side, from Cellular-News.com:
Mobile Devices segment sales were $2.35 billion, down 51 percent compared with the year-ago quarter. For the full year 2008, sales were $12.1 billion, a 36 percent decrease compared to 2007, and the segment incurred an operating loss of $2.2 billion, compared to an operating loss of $1.2 billion in 2007.
During the quarter, the Company shipped 19.2 million handsets and estimates its share of the global handset market was 6.5 percent.
Talking about losing billions and billions of dollars is enough to loosen anyone's lips, and Jha also spoke about plans for the next year or so. [via Electronista] Mainly, Android's the deal for 2009, and we'll pick back up with Windows Mobile in 2010. OK, Moto. We'll play your waiting game. (What other choice do we have?)