Motorola hits estimates in third quarter

Motorola met analysts' estimates in its third quarter Tuesday, raking in $332m (£202m) or 53 cents a share, on sales of $7.7bn. Its shares closed off 1 11/16 to 67 1/8 ahead of the earnings report.

The $7.7bn in sales represents a 7 percent improvement compared to the year-ago period when it made $40m, or 7 cents a share, on sales of $7.2bn.

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