Motorola loses £20 on every phone it ships

The Slvr: exciting innovation or just a Razr that doesn't fold?
The Slvr: exciting innovation or just a Razr that doesn't fold?

Motorola announced nearly $400million (£245million) of losses for the third quarter, thanks to a desperately unprofitable mobile phone division that it's keen to sell off.

Despite shifting over 25 million handsets, including the double-touch Krave ZN4 and a bunch of Rokrs, the phone division alone lost $840million (£515million) - that's over £20 on every phone sold.

Mark Harris is Senior Research Director at Gartner.