Motorola Reveals Long-Overdue but Solid Strategy for Mobile Devices Business

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On 30 October 2008 Motorola announced its third quarter financial results. The company's Mobile Devices division saw its sales fall by 31 percent year on year to $3.1 billion. It reported an operating loss of $840 million, compared with a loss of $248 million for the same quarter last year.

Sanjay Jha, Motorola's recently appointed co-CEO and head of Mobile Devices, used the quarterly results to announce his plans for the division. Previous plans to spin off the Mobile Devices business in the third quarter of 2009 have been postponed. Jha also announced his intention to accelerate the consolidation of Motorola's phone platforms and make further cost and staff reductions in an effort to deliver a more competitive and cost-effective product portfolio.

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