Motorola Q3 earnings,pretty grim

The number of handsets exported was around 13.6 million (half a million short of Sony Ericsson result), which leaves Motorola with a market share of 4.7 percent. The company has its eyes on DEXT and Droid handsets right now and they are hoping that these two will make good the loss that they have suffered.
The news doesn’t end here for the phone division; in fact there is no news that is good news right now. There has been a proposal from different people in the same company on dividing the company into two independent public companies. If this happens Motorola, once the world’s largest mobile phone manufacturer, will come to an end pretty soon and that too brutally.

Greg Brown, co-CEO of Motorola and CEO of Broadband Mobility Solutions, said, “Broadband Mobility Solutions performed well during the quarter. We continued to manage our cost structure and also delivered solid operating margins. We secured additional contract wins and launched new devices, including the MC9500, the industry’s most rugged mobile computer. As the economic environment improves, we believe our businesses are well positioned for continued success.”

If you want you can read the financial report in detail here.