Motorola: Do We Qualify for a TARP Bailout Yet?

Motorola’s first-quarter results came in stronger than expected, although that’s not saying much because the situation at the ailing wireless handset maker appears to be increasingly dire. Motorola shipped about 19.2 million handsets in its fourth quarter. In its latest quarter, the company shipped just 14.7 million handsets, down 23 percent from the previous one.
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