Monday, April 17, 2006

Motorola Q1 Sales up 23% to $10.01 billion

Motorola reported record first-quarter sales of $10.01 billion, up 23% compared to first-quarter 2005 sales of $8.16 billion. Earnings were $.27 per share, including $.02 per share for stock compensation expense. Some additional highlights:

  • Record handset shipments of 46.1 million units, up 61% compared to the first quarter of 2005 -- and up 3% compared to 44.7 million handsets shipped during Q4 2005.


  • Global handset market share estimated at 21%, up 4.8 percentage points versus the year-ago quarter.


  • Record digital set-top box shipments of more than 2.0 million units


  • Shipped a record 632,000 voice modems during the quarter. Total modem shipments for the quarter were 2.6 million.


http://www.motorola.com