Motorola, Inc. the renowned frontrunner in wireless and broadband communications today announced here of its sales of $8.7 billion for the second quarter of the stipulated period of 2007. In this regard, the Company has also brought to the fore that the total amount of money lost in respect of GAAP from the ongoing operations for the second quarter of 2007 was $0.02 per share, which in its turn takes account of net charges of $0.04 per share related to the diminution in workforce in conjunction with being an insurance litigation matter.

Motorola is renowned throughout the world for its innovative techniques and leadership in wireless and broadband communications. Being inspired by the vision of Seamless Mobility, the name of Motorola has become synonymous to get and stay connected simply and seamlessly to the people, information, and entertainment. The company excels in this by designing and delivering "must have" products, "must do" experiences, and powerful networks -- along with a full complement of support services.

It is to be noted, that only the Mobile Devices segment sales happened to be juts $4.3 billion, a noted reduction by 40 percent when compared with the quarter a year ago. Through the deliberate exclusion of the highlighted items, the segment had to encounter an operating loss amounting to $264 million, when compared with operating earnings of $804 million in the year-ago quarter. Furthermore, the lower sales and earnings are determinable to lower overall unit volumes, for the most part in Asia, and the Europe, Middle East and Africa region. Last but not the least the share of the global handset market for the quarter for Motorola is expected to be roughly 13.5%.

Speaking on the occasion Ed Zander, the Chairman and Chief Executive Officer of the Motorola Inc. said, "This was a challenging quarter for Motorola in which revenue fell short of our expectations due to a decline in mobile device unit shipments." "However, I am pleased with the solid results within our Home and Networks Mobility and Enterprise Mobility Solutions businesses. Our vision of seamless mobility and the mobile Internet continues to resonate with our customers and partners worldwide. We remain confident that we are taking the right steps to deliver improved performance and to create long-term value for Motorola shareholders," he concluded. While on the contrary Tom Meredith, the Chief Financial Officer of the Motorola Inc. said, "Our efforts are focused on improving cash flow from operations and enhancing profitability. In addition to cost controls and headcount reductions, which we expect will result in cost savings of $1 billion in 2008, we intend to significantly improve our cash conversion cycle and our return on invested capital."