Motorola announces record fourth-quarter and full-year results

Motorola announces record fourth-quarter and full-year results

Motorola has announced record fourth-quarter and full-year operating results from all areas of its business activities, including the mobile devices segment. Having 19 percent market share, the company managed to retain its second position in the global wireless handset industry (first position in North America with stable market share). Operating earnings increased from $532 million in 2004 to $663 million in 2005. The mobile devices shipments for 2005 reached 146.0 million units, which is 40 percent more than the shipments in 2004. The growth of the fourth-quarter shipments is 30 percent, compared to the same period in 2004. The company also introduced 26 new handsets in the past year, including CDMA, GSM, UMTS and iDEN devices. Among the new cellphones were the EV-DO and UMTS addition to the RAZR line-up of products, GSM versions of the Motorola PEBL as well as the ultra-slim bar-designed SLVR L7 and L6.



Source: Motorola


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