Motorola posted a substantial loss for its third quarter of 2008, announcing it lost some $379 million during the quarter, owing in part to cost-cutting as the company clashes jobs and simplifies its operations. But Motorola also announced it is delaying the long-percolating spinoff of its mobile device business—originally announced last May and scheduled to be completed in early 2009—and will pare own its mobile efforts from some 20 mobile platforms to just three: its own P2K for entry-level units, Windows Mobile for business smartphones, and Google’s Android platform for consumer-oriented handsets.
Digital Trends
