Motorola today reported sales of $7.5 billion in the second quarter of 1999, up 7% from $7.0 billion a year earlier. Sales and orders of wireless phones increased very significantly, led by Asia and Europe. Sales and orders were also higher in the Americas. While analog phone sales declined significantly, sales of digital phones increased very significantly and represented 87 percent of all wireless phone sales in the quarter. The most rapid growth was experienced by GSM communications products in Asia and Europe, by Code Division Multiple Access (CDMA) products in Asia and the Americas. Sales and orders of paging products declined very significantly. Consumer two-way radio product sales and orders were significantly higher."
Posted to the site on 14th July 1999
Posted to: www.cellular-news.com/story/881.php