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=== Finances === Motorola's handset division recorded a loss of $1.2 billion in the fourth quarter of 2007, while the company as a whole earned $100 million during that quarter.<ref>{{cite web |url=http://www.marketwatch.com/news/story/motorolas-quarterly-profit-declines-84/story.aspx?guid=%7BCC01CF82%2DC434%2D4C1E%2D97B5%2DFBEF11D78E44%7D&siteid=yhoof |title=Motorola profit slides on mobile woes; shares hit 5-year low |publisher=MarketWatch |date=January 23, 2008 |accessdate=July 12, 2011 |archive-date=September 25, 2022 |archive-url=https://web.archive.org/web/20220925123103/https://www.marketwatch.com/story/motorola-profit-slides-on-mobile-woes-shares-hit-5-year-low?siteid=yhoof |url-status=live }}</ref> It lost several key executives to rivals,<ref>{{cite web |url=http://www.engadget.com/2008/05/17/motorola-cto-richard-nottenburg-takes-off/ |title=Motorola CTO Richard Nottenburg takes off |date=May 17, 2008 |publisher=Engadget |accessdate=July 12, 2011 |archive-date=June 29, 2011 |archive-url=https://web.archive.org/web/20110629101617/http://www.engadget.com/2008/05/17/motorola-cto-richard-nottenburg-takes-off/ |url-status=live }}</ref> and the website [[TrustedReviews]] called the company's products repetitive and un-innovative.<ref>{{cite web |url=http://www.trustedreviews.com/mobile-phones/news/2008/01/24/Motorola-Phones-Sales-Crash-38-Per-Cent/p1 |title=Motorola Phones Sales Crash 38 Per Cent |publisher=TrustedReviews |accessdate=July 12, 2011 |archive-date=October 3, 2010 |archive-url=https://web.archive.org/web/20101003215138/http://www.trustedreviews.com/mobile-phones/news/2008/01/24/Motorola-Phones-Sales-Crash-38-Per-Cent/p1 |url-status=live }}</ref> Motorola laid off 3,500 workers in January 2008,<ref>{{cite web |url=https://www.engadget.com/2007-01-20-motorola-to-lay-off-3-500.html |title=Motorola to lay off 3,500 |first=C. |last=Ziegler |date=January 21, 2007 |website=[[Engadget]] |access-date=April 18, 2021 |archive-date=April 20, 2021 |archive-url=https://web.archive.org/web/20210420062607/https://www.engadget.com/2007-01-20-motorola-to-lay-off-3-500.html |url-status=live }}</ref> followed by a further 4,000 job cuts in June<ref>{{cite web |url=https://www.engadget.com/2007-06-04-motorola-cuts-another-4-000-jobs.html |title=Motorola cuts another 4,000 jobs |first=C. |last=Ziegler |date=June 4, 2007 |website=[[Engadget]] |access-date=April 18, 2021 |archive-date=April 20, 2021 |archive-url=https://web.archive.org/web/20210420062852/https://www.engadget.com/2007-06-04-motorola-cuts-another-4-000-jobs.html |url-status=live }}</ref> and another 20% cut of its research division a few days later.<ref>slashing 20% of its research division</ref> In July 2008, a large number of executives left Motorola to work on [[Apple Inc.]]'s [[iPhone]].<ref>{{cite web |url=http://www.engadget.com/2008/07/18/motorola-sues-former-employee-turned-apple-exec-for-ganking-trad/ |title=Motorola sues former employee turned Apple exec for ganking trade secrets |date=July 19, 2008 |publisher=Engadget |accessdate=July 12, 2011 |archive-date=June 29, 2011 |archive-url=https://web.archive.org/web/20110629101627/http://www.engadget.com/2008/07/18/motorola-sues-former-employee-turned-apple-exec-for-ganking-trad/ |url-status=live }}</ref> The company's handset division was also put on offer for sale.<ref>{{cite web |url=http://www.engadget.com/2008/03/26/motorola-insider-tells-all-about-the-fall-of-a-technology-icon/ |title=Motorola insider tells all about the fall of a technology icon |date=March 26, 2008 |publisher=Engadget |accessdate=July 12, 2011 |archive-date=June 29, 2011 |archive-url=https://web.archive.org/web/20110629050738/http://www.engadget.com/2008/03/26/motorola-insider-tells-all-about-the-fall-of-a-technology-icon/ |url-status=live }}</ref> Also that month, analyst Mark McKechnie from American Technology Research said that Motorola "would be lucky to fetch $500 million" for selling its handset business. Analyst Richard Windsor said that Motorola might have to pay someone to take the division off the company's hands, and that Motorola may even exit the handset market altogether.<ref>{{cite web |url=http://www.bloomberg.com/news/articles/2008-07-10/motorolas-market-share-messbusinessweek-business-news-stock-market-and-financial-advice |title=Motorola's Market Share Mess |accessdate=August 4, 2008 |author=Olga Kharif and Roger O. Crockett |date=July 10, 2008 |work=BusinessWeek |archive-date=October 30, 2016 |archive-url=https://web.archive.org/web/20161030213324/http://www.bloomberg.com/news/articles/2008-07-10/motorolas-market-share-messbusinessweek-business-news-stock-market-and-financial-advice |url-status=live }}</ref> Its global market share has been on the decline; from 18.4% of the market in 2007 the company had a share of just 6.0% by Q1 2009, but at last, Motorola scored a profit of $26 million in Q2 and showed an increase of 12% in stocks for the first time after losses in many quarters. During the second quarter of 2010, the company reported a profit of $162 million, which compared very favorably to the $26 million earned for the same period the year before. Its Mobile Devices division reported, for the first time in years, earnings of $87 million.<ref>{{cite web |url=https://www.gsmarena.com/motorola_ends_fiscal_q2_with_healthy_profit-news-1846.php |title=Motorola ends fiscal Q2 with healthy profit β GSMArena.com news |publisher=Gsmarena.com |accessdate=July 12, 2011 |archive-date=March 16, 2011 |archive-url=https://web.archive.org/web/20110316191741/http://www.gsmarena.com/motorola_ends_fiscal_q2_with_healthy_profit-news-1846.php |url-status=live }}</ref>
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