News - Motorola Inc.
LIBERTYVILLE, Ill., July 28, 2011 /PRNewswire/ -- Second Quarter Financial Highlights Net revenues of $3.3 billion, up 28 percent from second quarter 2010GAAP net loss of $0.19 per share compared to net earnings of $0.27 per share in second quarter 2010Non-GAAP earnings of $0.09 per share compared to $0.30 loss in second quarter 2010Mobile Devices revenues of $2.4 billion, up 41 percent from second quarter 2010; GAAP operating loss of $85 million; non-GAAP operating loss of $31 millionShipped 11.0 million mobile devices, including 4.4 million smartphones and 440,000 tabletsHome revenues of $907 million, up 2 percent from second quarter 2010; GAAP operating earnings of $62 million; non-GAAP operating earnings of $90 millionClick here for printable press release and financial tables.
Motorola Inc, the venerable creator of many radio and communications devices, announced its formal split into two companies today.