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Motorola Expects Home Segment Sales To Fall 7% In 2010 - Broadcasting & Cable

Motorola Expects Home Segment Sales To Fall 7% In 2010

Cable-centric unit's revenue declined 13% in Q2
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Motorola's Home sales are expected to fall 7% versus 2009, although
the company expects the cable-centric group to become more profitable
thanks to "a favorable product mix" and cost reductions.

Sales in
the Home segment, which includes digital set-tops, DVRs, cable modems
and other video equipment, were $886 million for the quarter ended July
3, down 13% from the year-earlier period. But the group's operating
earnings were $29 million, up from $18 million in the second quarter of
2009.

Sanjay Jha, CEO of Motorola Mobility -- which comprises
mobile devices and the Home group -- told analysts on the earnings call
Thursday that Home sales for the full year now are expected to decline
by approximately 7%, which is at the "top end" of the company's previous
guidance.

Click here to read the full article on Multichannel.com.

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