Motorola, RealNetworks, Handspring weigh in with earnings
Motorola this evening reported a first-quarter loss of US$449 million, the company’s fifth consecutive quarterly loss, as revenues plunged 21 percent to $6.02 billion. Motorola’s Semiconductor Products Segment, responsible for the PowerPC processor, posted an operating loss of $226 million. Meanwhile, RealNetworks posted a first-quarter profit of about $1 million, the company’s first profitable quarterly in more than two years.
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