Motorola looks to Google-powered phones for turnaround

Oct 29th, 2009 - The Raw Story

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Motorola reported a small quarterly net profit Thursday, a day after unveiling the second in a line of Google-powered smartphones seen as key to turning around the fortunes of the US handset maker.

The Schaumburg, Illinois-based company posted a net profit of 12 million dollars, or one cent per share, in the third quarter compared with a net loss of 397 million dollars in the same period a year ago.

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