Motorola posts strong Q2 as handsets surge

It's official: Motorola is back and ready to fight. The company today announced its seventh-straight positive quarter, reporting $933 million in second quarter profit and beating Wall Street estimates. The company shipped 33.9 million handsets in the second quarter, up 41 percent from last year. Motorola's sales have been boosted by 15 new devices. The company's cell phone unit is now its largest money maker, accounting for 55 percent of revenue and $498 million of Motorola's earnings. Motorola last quarter claimed 18.1 percent of the global cell phone market, pulling ahead of other rivals like Samsung but still trailing global market leader Nokia.

For more on Motorola's impressive Q2:
- see this story from Forbes

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