Strong demand for cell-phones lifts Motorola Q4 earnings


  • Business
  • Saturday, 21 Jan 2006

NEW YORK: Motorola Inc's fourth-quarter earnings shot up 86% on the strength of demand for its mobile phones such as the popular Razr, but shares fell after the company's sales and outlook disappointed Wall Street. 

Sales rose 18% to US$10.43bil, falling short of analysts' expectations of US$10.46bil, according to Reuters Estimates. 

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