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Articles tagged with: Ed Zander
Sprint Enters Turf Of ITunes, Napster With Song Downloads"
NEW YORK -(Dow Jones)- Sprint Nextel Corp.'s new direct music download service for mobile phones treads on turf previously dominated by online music stores. more
Related Tags: itunes, itunes, sanyo, napster, samsung-electronics
Motorola Profit Surges On Handset Gains
WASHINGTON (Dow Jones) -- Motorola Inc. on Tuesday said third-quarter net profit more than tripled, as the technology bellwether benefited from higher wireless-phone sales, a onetime tax benefit and the sale of an investment. more
Related Tags: thomson, itunes, itunes, lg-electronics
Motorola Seen Posting Solid 3Q On Brisk Handset Sales
NEW YORK -(Dow Jones)- Motorola Inc. (MOT) should meet, if not exceed, Wall Street's third-quarter earnings and revenue expectations on continued healthy sales of handsets. more
Related Tags: thomson, itunes, itunes, iden
Motorola CEO: Co Needs To Increase Market Share In India
NEW YORK -(Dow Jones)- There are phenomenal growth opportunities in emerging markets for Motorola Inc. (MOT), but one country the telecom-equipment maker needs to work on is India, Chief Executive Ed Zander said Wednesday. more
Related Tags: flash-memory, itunes, citigroup
Motorola CEO Expects To Grow Earnings, Handset Share"
NEW YORK -(Dow Jones)- Motorola Inc. (MOT) expects to grab market share in the hard-fought mobile handset business without sacrificing earnings growth. more
Related Tags: research-in-motion, samsung-electronics
Motorola CEO: Co Cutting Costs In Supply Chain
NEW YORK -(Dow Jones)- Motorola Inc. (MOT) continues to look to its supply chain to wring out more redundancies, Chief Financial Officer Ed Zander said. more
Related Tags: iden
Motorola has reported sales of US$8.6 billion in first-quarter 2004, representing a 42% increase on a year ago. Motorola also reported net profits of US$609 million. Motorola Chairman and Chief Executive Officer Ed Zander said, "We also continued to strengthen our balance sheet - a key objective for Motorola for the past several years. We generated positive operating cash flow of $858 million in the first quarter, the thirteenth consecutive quarter of positive cash flow. Combined with cash proceeds from the sale of investments, this enabled Motorola to end the quarter with a net cash position of $902 million. This represents a major milestone for Motorola, as it is the first time in more than 35 years that we have ended a quarter in an overall net cash position. During the quarter, in addition to moving from a net debt position of $41 million to a net cash position of $902 million, we reduced gross debt by $544 million." more
Related Tags: mtnl
New boss selected for Motorola
Motorola has elected the former boss of Sun, Edward J. Zander to succeed Christopher B. Galvin as chairman and chief executive officer of the company. Zander, 56, most recently was a managing director of Silver Lake Partners, a leading private equity fund focused on investments in technology industries. Zander will join Motorola in his new capacity effective 5 January 2004. more
Related Tags: sun-microsystems, boston, sun