The New York Times is reporting that Motorola has posted a $28 million loss. I wonder if the iPhone had anything to do with this loss? Maybe... maybe not. I am sure that many handset makers will start feeling the iPhone effect in their pocketbooks. Most of them will no doubt release a competing device to the iPhone. Motorola is counting on the Razr 2 and the Z8 to get them back on track. If Apple does release an iPhone nano, it may not work for them.
"CHICAGO, July 19 (AP) — Motorola reported a second straight quarterly loss Thursday after another quarter of subpar sales. The latest deficit, $28 million, raises pressure on the company and its chief executive, Edward J. Zander.
The company promised financial improvement in its cellphone division in the second half but steered clear of estimates after weak international sales contributed to back-to-back losses for the first time in five years.
Its hopes for recovery, put off until next year, hinge on the reception of new phones like the Razr 2 and the Z8 that are just being shipped."
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