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dixiecats

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dixiecats

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Wednesday, 04/04/2007 11:23:54 AM

Wednesday, April 04, 2007 11:23:54 AM

Post# of 130257
Motorola hurting, while Hop-on is BACK ON TRACK...

Motorola Inc. replaced its chief financial officer Wednesday in a shakeup of top management as it slashed its first-quarter sales forecast, blaming weaker-than-expected revenue from its cell-phone unit. The world's No. 2 cellphone maker behind Nokia of Finland said it now expects sales for the January-through-March quarter of US$9.2 billion to $9.3 billion, down more than $1 billion from its January forecast of $10.4 billion to $10.6 billion.

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