For Motorola, any profit at all is a Good Thing right now, so we’re sure there are a lot of smiling faces out in Schaumburg today on news that the company managed just a smidge of black ink in the third quarter. The Mobile Devices division specifically turned in $1.7 billion in revenue (about $100 million less than the quarter prior ) and accounted for a $183 million loss, which was offset by wins in the company’s other divisions ultimately resulting in $12 million in bankable profit. The company says that it expects to push fewer handsets in the fourth quarter as it scales back “unprofitable” devices in favor of its new Android-based gear — which is just fine by us — and yes, indeed, it still intends to split the company into two entities when the time is right
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Motorola posts small 3Q profit, picks new CFO