Motorola posts small 2Q profit, beats expectations (AP)

July 31, 2008 | By In Wireless |

A new Motorola RAZR2 cell phone is displayed in a Little Rock, Ark., Alltel store Thursday, July 31, 2008. Motorola Inc. reported a small profit for the second quarter Thursday revealing it had shipped more cell phones than in the first quarter. (AP Photo/Danny Johnston)AP - In a sign that it may be finally turning its fortunes around, Motorola Inc. surprised investors Thursday by reporting a small profit for the second quarter and revealing it had shipped more cell phones than in the first quarter. Its shares soared.

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