Motorola Mobility warns of Q4 revenue shortfall
January 8th, 2012
Motorola Mobility Holdings Inc warned that its fourth-quarter 2011 revenue would miss Wall Street expectations as it was weighed down by tough competition and legal expenses in what is usually the best quarter of the year. The company, which has agreed to be bought by Google Inc, forecast fourth-quarter sales of $3.4 billion, below analyst expectations for revenue of [...]