Stock analyst says Motorola plans to announce 10 smartphones in the year's second half
The company has a relatively new executive running the cellphone operations. Sanjay Jha left Qualcomm and now is the co-CEO and leader of the cellular division for Motorola. That division was expected to be spun off to become a stand alone company this year, but the financial problems the manufacturer is having has put the kibosh on those plans. Ironically, because the handset division has seen revenue drop 70 percent over the last two years, the division has become less important to the parent company.
source: Yahoo via WMExperts