Rus News Journal

Dead losses Motorola have grown almost in 85 times

Dead losses of the manufacturer of the telecommunication equipment and cellular telephones Motorola in 2008. Have grown almost in 85 times - to 4,16 mlrd dollars against 49 million the dollars received following the results of 2007. Such data contains in the widespread report of the company.
thus gain Motorola was reduced to 18 %, having made 30,15 mlrd dollars (in 2007. - 36,62 mlrd dollars) . Operational losses in 2008. Have increased in 4 times and have made 2,39 mlrd dollars though all one year ago this indicator made 553 million dollars
Following the results of IV quarter 2008. Company dead losses have made 3,57 mlrd dollars against profit in 100 million dollars for the similar period year before. Sales volume in October - December 2008. Has decreased on 26 % - to 7,14 mlrd dollars, whereas in IV quarter 2007. The gain made 9,65 mlrd dollars Operational losses for the specified period have grown in tens times, having made 1,67 mlrd dollars against 19 million operational losses in October - December 2007.
the Company management has informed that in the conditions of an economic crisis actively works over the program on reduction of expenses. It is expected that after its realisation the company will save 1,5 mlrd dollars already during the current year.
we will remind that in March 2008. Motorola has informed on intention to be divided on two separate public companies - on manufacture of mobile phones and on granting broadband and mobile business - decisions. In case of reception necessary odobreny from supervising bodies company division will take place in 2009.