In a sign that it may be finally turning its fortunes around, Motorola Inc. posted a small surprise profit for its second quarter and shipped more cell phones than in the first quarter.

The Schaumburg, Illinois-based cell phone company said Thursday that it earned $4 million, or less than 1 cent per share, in the three months ended June 30. That includes charges of 2 cents per share.

Analysts polled by Thomson Financial had been expecting a loss of 3 cents per

In the same quarter a year ago, Motorola lost $28 million, or 2 cents per share.

Its sales fell 7.4 percent to $8.1 billion versus $8.7 billion a year ago. Analysts had been expecting sales of $7.69 billion.

Motorola shares were up 83 cents, or 11 percent, at $8.50 in pre-market trading.

The company shipped 28.1 million cell phones, up from 27 million in the first quarter, and said it maintained […]

Orginal post by Top Tech News