Motorola posts profit but rev misses Wall St view
Motorola Inc
Motorola, which has lost market share for years to rivals such as Nokia
Revenue fell about 20 percent to $5.7 billion, compared with average analyst expectations for $5.94 billion, according to Thomson Reuters I/B/E/S.
The company sold 12 million phones in the quarter compared with average expectations for 14.8 million from analysts polled by Reuters. It had warned that shipments would be down from 13.6 million in the third quarter of 2008.
The first of Motorola's phones based on Google Inc
(Reporting by Sinead Carew; Editing by Derek Caney)
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