Motorola fell short of analysts' reduced estimates in its first quarter Tuesday and posted its first operating loss in more than 15 years.
In the quarter, it posted a loss of $206 million, or 9 cents a share, on sales of $7.8 billion.
The maker of semiconductors and wireless telephone handsets twice lowered sales and earnings estimates in the quarter, but still was unable to hit the revised targets. Full story. --Larry Barrett, ZD Inter@ctive Investor