Officially, Motorola is considering selling off or branching off their handset business. Unofficially, nothing concrete has been decided, yet. You guys follow that? Shedding themselves of the handset division would not necessarily kill MOT off completely. Consider that they still produce equipment for WiFi, WiMax, set-top boxes, etc. After plummeting profits, losing market share, and unhappy shareholders, it might be a good move for them.
All of our businesses have exceptional people, products and intellectual property and the ability to achieve category leadership in their markets,” said Greg Brown, President and Chief Executive Officer. We are exploring ways in which our Mobile Devices Business can accelerate its recovery and retain and attract talent while enabling our shareholders to realize the value of this great franchise.