Motorola reported Q2 sales of $8.83 billion, up 17% over last year, and earnings per share from continuing operations of $.38 per share, versus earnings from continuing operations of $.25 per share in the year-ago quarter.
Highlights of the quarter included:
- a gain of 3.3 percentage points in global mobile device market share
- record mobile devices shipments of 33.9 million units, representing an estimated global market share of 18.1 percent, an increase of 3.3 percentage points versus the year-ago quarter and 1.7 percentage points versus first quarter of 2005.
- Mobile Devices Segment sales were $4.9 billion, up 24 percent compared with the year-ago quarter.
- Networks Segment sales were $1.6 billion, up 3 percent compared with the year-ago quarter and were up 9 percent for the first half of 2005.
- Government and Enterprise Mobility Solutions Segment sales were $1.7 billion, up 7 percent compared with the year-ago quarter. Operating earnings increased to $221 million, compared with $214 million in the year-ago quarter.
- Connected Home Solutions Segment sales were $718 million, up 35 percent compared with the year-ago quarter. Operating earnings were $47 million, compared with $38 million in the year-ago quarter.
- The company's outlook for the third quarter of 2005 is for sales of between $8.9 billion and $9.1 billion. The outlook for earnings per share from continuing operations in the third quarter of 2005 is in the range of $.27 to $.29.
