Motorola has reported its fifth consecutive quarterly loss. However, the results for Q1 2002 were slightly better than had been expected. During the same period the previous year, the company made a net loss of $211 million whereas the total loss for this quarter amounted $174 million.
The improved performance is the result of the large amount of restructuring the company has undergone. It has reduced its workforce by 30% and also refocused its sales strategy.
Motorola has pushed not only sales of mobile devices but also other products such as the digital set top box. This quarter, sales of mobile handsets remained strong – but the US firm lost out on infrastructure deals.