motorolaannouncesfourth-quarterandfull-yearsalesand.docVIP

Motorola Announces Fourth-Quarter and Full-Year Sales and EarningsFourth-Quarter Financial Highlights Sales up 17 percent: record sales of $11.8 billion, compared to fourth-quarter 2005 sales of $10.0 billion GAAP earnings from continuing operations of $0.21 per share, including net charges of $0.05 per share from items highlighted below Record handset shipments of 65.7 million units, up 47 percent versus the year-ago quarter and up 22 percent versus the prior quarter Global handset market share estimated at 23.3 percent, up 4.6 percentage points versus the year-ago quarter and up 0.9 percentage points versus the prior quarter Record shipment?milestone of digital entertainment devices and modems Record sales to public-safety customers Positive operating cash flow of approximately $700 million Full-Year 2006 Financial Highlights Sales up 22 percent: record sales of $42.9 billion, compared to 2005 sales of $35.3 billion GAAP earnings from continuing operations of $1.30 per share Record handset shipments of 217.4 million units, up 49 percent versus 2005 Global annual handset market share estimated at 22.2 percent, up 4.3 percentage points versus 2005 Record shipment?milestone of digital entertainment devices and modems Record sales to public-safety customers Positive operating cash flow of approximately $3.5 billion Click here to view the financial tables which are an integral part of this releaseSCHAUMBURG, Ill. – January 19, 2007 – Motorola, Inc. (NYSE: MOT) today reported sales, on a continuing operations basis, of $11.8 billion in the fourth quarter of 2006. Net earnings in the fourth quarter of 2006 were $0.25 per share, including $0.04 per share from discontinued operations and $0.21 per share from continuing operations, which includes the items highlighted below: EPS Impact Investment-related losses $ (0.04) Stock compensation expense (0.02) Legal reserve (0.01) Reorganization of business charges (0.01) Tax benefits, net of tax ex