Presentation by Executives Following Earnings Release to be Webcast
SCHAUMBURG, Ill. – 18 October 2007 – Motorola, Inc. (NYSE: MOT) third-quarter results are scheduled to be issued at approximately 5:30 a.m. Central Time (USA) on Thursday, 25 October. Motorola will host its quarterly conference call with financial analysts following the earnings release at 6:30 a.m. Central Time (USA) on 25 October. The conference call will be webcast live with audio and slides at www.motorola.com/investor.
Motorola: Picking Itself Up
Motorola, which posted losses in the first two quarters of the year, is trying to shore up market share and profit margins for its slumping handset business. Though management has warned that its core business won't be profitable for the full year, some analysts say the worst may be over even if the recovery proves agonizingly slow. On the plus side, Motorola's new Razr2 model is seeing some success, especially in the U.S. Also, margins are benefiting from cost cutting and a firmer average selling price for the company's phones. On the downside, Motorola's weak entry-level lineup means losing out on the handset boom in China and India, while at the high end the company's models are bumping up against the iPhone.
A replay of the conference call will be available over the Internet at www.motorola.com/investor, approximately three hours after the call has been completed.
[Editor's Note: Investors in Liquidmetal may gain some insight into the analogous quarter for LQMT and future prospects for the components business based upon the results of the cellphone manufactures to which LQMT is making sales. For this reason we will post such notices as a public service.]