
MOT Preview: Not Expecting Much

By Jay Somaney
About this article:
Motorola is scheduled to announce numbers for the three months ended March 31, 2009, tomorrow morning before the opening bell.
The Street expects the company to report a loss of 11 cents per share on revenue of $5.55 billion. In the year-ago period, the company lost a nickel per share on revenue of $7.45 billion. For the three months ending June 30, 2009, the sell-siders expect Motorola to lose a nickel per share on slightly higher revenue of $5.81 billion. For fiscal year 2009 (ending Dec. 31, 2009), the analysts expect the company to lose 14 cents per share on revenue of $23.96 billion. These are doomsday scenario numbers based on what we have seen from Motorola's competitors.
According to a article put out by Forbes, Motorola is actually hiring with about 520 job openings in finance, sales, engineering, marketing and project management, which could be...

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