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Mixed results for Motorola Home and Networks

February 3, 2009 20.45 Europe/London By Julian Clover

Motorola experienced a 5% fall in its Home and Networks Mobility segment in the final quarter of 2008.

The year-on-year drop in the segment that covers its set-top box business saw sales of $2.6 billion (€2.02 billion) when compared to the same period in 2007. Full year sales for 2008 of $10.1 billion were up 1% on 2007, the segment generating operating earnings of $918 million, compared to $709 million in 2007.

A total of 4.7 million devices, including HD, DVR and IPTV, were shipped in the final quarter of 2008, compared to 3.4 million in the previous year.

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Filed Under: Finance, Newsline, Tech Edited: 4 February 2009 07:00

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About Julian Clover

Julian Clover is a Media and Technology journalist based in Cambridge, UK. He works in online and printed media. Julian is also a voice on local radio. You can talk to Julian on X @julianclover, or by email at jclover@broadbandtvnews.com.

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