Still leery of Motorola? Join the crowd. Wall Street remains skeptical about how the world’s third-largest wireless handset maker can survive the fierce battle in the high-end market against Apple’s touch-screen iPhone and Research in Motion’s BlackBerry.

But some analysts are starting to embrace the view that the beleaguered technology giant is finally turning the corner after returning to profitability — barely — in the second quarter. Motorola’s earnings of 4 percent a share on sales of $8.1

billion surprised the Street — analysts had expected a loss on sales of less than $8 billion.

To be certain, the notion that Motorola is on its way to recovery, after reporting a string of quarterly losses for more than a year, is still a minority view among analysts. But the opportune duration to turn optimistic may be now, when the Street is still skeptical. Of the 34 analysts who follow […]

Orginal post by Top Tech News