Motorola Sales Top Expectations

Susan Hall

The Droid smartphone is helping to put Motorola back on track, with the company beating sales expectations in the second quarter, reports Bloomberg.

 

The company sold 2.7 million smartphones in the second quarter. Droid X sold out on the first day it was available.

 

Motorola reported earnings of $162 million, or 7 cents a share, compared with $26 million, or 1 cent a share, in the period a year ago. Revenue dipped 1.5 percent to $5.41 billion, according to Market Watch. Excluding one-time costs, profit was 9 cents a share; analysts had expected it to be 8 cents.



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