A mixed bag from Motorola

摘要

Last week, Motorola closed the book on its worst quarter in years, reporting earnings below its already low- ered expectations and predicting an even greater loss next quarter. The announcement signals the end of a quarter that saw the company give a February warning that it would not make earnings estimates of 12￠ per share. The current economic downturn, referred to by Motorola Chairman and CEO Christopher Galvin as a "recession," has also led the company to announce 26,000 layoffs—4000 of which are unannounced.