Last year, losses in Motorola rose 85 times.

In 2008, Motorola has lost 4.16 billion dollars. A year ago the company's loss amounted to 49 million dollars. Thus, the loss for the year in Motorola rose nearly 85 times. This was reported in the financial report of Motorola.
Motorola's revenues in 2008 equal to 30.15 billion dollars, an increase of 18 per cent less than in 2007, in the last quarter of 2008 - 7,1 billion dollars. Proceeds of the issuance of mobile phones in the fourth quarter of 2008 fell by 51 percent to 2.35 billion dollars.
In the fourth quarter of 2008, Motorola has been a loss equal to 3.6 billion dollars, which corresponds to 1.57 dollars per share. In the last quarter of 2007 earnings Motorola was one hundred million dollars.
Earlier, Motorola reported on plans for optimizing the company's costs. Their implementation should help to save a half billion dollars. The campaign to optimize costs Motorola refused to pay dividends for the fourth quarter of 2008.
In mid-January, became aware of the intention to terminate the appointment of Motorola as part of a campaign to optimize costs and four thousand, which is about six percent of the state. Basically, under the reduction podpadut staff mobile offices the company.
In addition, in 2009, Motorola intends to allocate its unprofitable mobile unit into a separate company. It is anticipated that it will lead the current leaders of the mobile unit Motorola Greg Brown (Greg Brown), and Sanjay Jha (Sanjay Jha).