Mixed results for Motorola Home and Networks
Motorola experienced a 5% fall in its Home and Networks Mobility segment in the final quarter of 2008.
The year-on-year drop in the segment that covers its set-top box business saw sales of $2.6 billion (€2.02 billion) when compared to the same period in 2007. Full year sales for 2008 of $10.1 billion were up 1% on 2007, the segment generating operating earnings of $918 million, compared to $709 million in 2007.
A total of 4.7 million devices, including HD, DVR and IPTV, were shipped in the final quarter of 2008, compared to 3.4 million in the previous year.