Motorola posts Q2 financials

Today Motorola posted its Q2 2008 earnings and sales results. The company is on #3 market share position although the sales on Q2 2008 are down with 20 percent from the last year. With a better than expected 28.1 million phones shipped in the second quarter, Motorola has just barely managed to stay ahead of South Korean rival LG, which recently posted Q2 sales figures of 27.7 million units.

Motorola's two other units did slightly better. Home and Networks Mobility's sales were up 7 percent to $2.7 billion, and the Enterprise Mobility Solutions group's sales were up 6 percent to $2.0 billion.