Archive for January, 2008

Apple released record Q4 results as profits climbed to $1.58 billion. CEO Steve Jobs said he was “thrilled” to report that the fourth quarter was the company’s “best quarter ever,” with the highest revenue and earnings in Apple’s history.
Profits for the quarter were $1.76 per share, up by more than 50% from the same quarter [...]

Motorola announced continued losses for its handset unit today, sending its shares down by as much as 16% in morning trading.  The U.S. handset manufacturer said it expects to post an operating loss for the current quarter due to a slower than expected recovery in its handset business.  The announcement overshadowed the company’s Q4 results, [...]


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