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"Motorola has spilled some very unappetizing beans with its first quarter results. The company missed its projected sales figure of $5.62 billion, posting $5.4 billion, $1.8 billion of which were in its handsets division. The cellphone space is where the company seems to be hurting the most -- sales were down 45 percent there -- though some projections had it faring worse than that. Overall, Moto's looking at a $291 million loss, or $0.13 a share, which, even in this economy, can't be the greatest of news.On the bright side, during the earnings briefing, CEO Sanjay Jha confirmed that Motorola will indeed introduce \"differentiated Android-based devices\" in time for the holiday season this year. Hooray for that, anyway!Read - Motorola CEO Confirms Android Devices for Q4Read - Earnings: Motorola Posts $291 Million Loss As Cellphone Sales Slump 45 Percent"^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.engadget.com/2009/04/30/motorola-posts-291-million-loss-in-first-quarter-mobile-sales/>