Motorola announces record Q4 results

Jan 19 2006 - 04:30 PM ET | Motorola

Motorola announced its Q4 2005 statement this afternoon. It was another great quarter for the handset division, which posted record sales.

Key figures in the statement:

• Revenue of $10.43 billion, up 18%
• Net profit of $1.2 billion, nearly double the $647 profit for the year ago quarter
• Shipments of mobile devices hit 44.7m
• Global mobile device market share rose 3.1% to an estimated 19%

Investors weren't too impressed as shares of MOT have sunk 7% in after-hours trading (though that comes after a 4% run-up in trading Thursday in anticipation of the earnings announcement).