Apr 30th, 2009 - ChannnelWeb
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Amid mounting losses, struggling device maker Motorola hopes smartphones based on the open-source Google Android mobile operating system will pull it out of the abyss. The struggling company plans to release those handhelds by the fourth quarter.Motorola reported its first-quarter earnings Thursday, noting that mobile device sales dropped a staggering 45 percent to $1.8 billion from the quarter one year ago. This comes after device sales dipped a massive 51 percent in the fourth quarter compared to the previous year.
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