Motorola Inc. posted an unexpected profit in the first quarter, as
sales of its new phones outdid its own forecasts. It also gave an
outlook that was brighter than Wall Street was predicting, and its
shares jumped in premarket trading.
However, it has lost its position as the largest U.S. maker of
phones to Apple Inc. Motorola sold a total of 8.5 million phones
in the quarter, while Apple sold 8.8 million iPhones. Four years
ago, when the Razr was still popular, Motorola sold 46.1 million
phones in the first quarter.