Motorola's Razr Thick Profits
How does CEO Ed Zander plan for top the success of a blowout quarter fueled by surging sales of the slim handset? His answer: More of the same
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Motorola's Razr mobile phone seems to be everywhere. That helps explain why Motorola (MOT), the world's second-biggest handset maker, reported such strong third-quarter earnings.
The company reported profit of $1.75 billion on sales of $9.42 billion. Excluding one-time items, per-share earnings were 30 cents -- beating 28 cents on sales of $9.21 billion expected by analysts.