Motorola Profits Up 53 Percent
Motorola reported second-quarter 2005 earnings at a 53 % increase. Net profits rose sharply to $933 million. For the same quarter a year ago, Motorola reported a net loss of over $200 million. Most of the growth was attributed to the mobile devices devision. Mobile sales grew to $4.9 billion, shipping 33.9 million cell phones. Currently, Motorola has an 18.1 percent share of the global market.
Most of the success is due to sales of cool design phones, like the RAZR V3 phone.
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