Motorola’s sales jump 26% to $8.6 billion

COMMUNICATIONS giant Motorola yesterday reported sales of $8.624 billion in the third quarter of 2004. This is a 26% increase from sales of $6.829 billion in the third quarter of 2003.

Motorola also reported net earnings of $479 million, or 20 cents per share, in the third quarter of 2004, an increase of 313% compared to third-quarter 2003 earnings of $116 million, or 5 cents per share. Third-quarter 2004 earnings include:

Income of $195 million, or 5 cents per share, from the sale of investments.