Motorola loses $291 million in Q1

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We're not really expecting great financials from anyone anytime soon, and Motorola keeps that trend going. The Big M had a $291 million loss in the first quarter, with cell phone sales down 45 percent compared to the first quarter of 2008.

Moto made $5.4 billion in sales in the first quarter – $1.8 billion from phones – but failed to meet the $5.62 billion previously forecast.

Via Moconews

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Phil Nickinson
Phil Nickinson
Former Contributor

Phil is the father of two beautiful girls and is the Dad behind Modern Dad. Before that he spent seven years at the helm of Android Central. Before that he spent a decade in a newsroom of a two-time Pulitzer Prize-finalist newspaper. Before that — well, we don't talk much about those days. Subscribe to the Modern Dad newsletter!