Motorola's woes continue. The company posted a $3.6 billion net loss in the fourth quarter, as sales in the handset division dropped 51 percent [1]. This followed the company's decision to cut 4,00 jobs [2], 3,000 of which came from the mobile devices unit. And in December, Motorola said it would freeze U.S. pension plans [3], stop matching company 401(k) contributions, halt most salary increases for 2009 and cut executive pay as the handset maker continues reeling amid the economic recession.

Q4 numbers:

• Sales: $2.35 billion
  
• Units shipped: 19.2 million
• Average selling price:$123
• Market share: 6.5 percent

       Click here for a slideshow of some of Motorola's top phones [4]