Motorola Inc., the largest U.S. mobile-phone maker, climbed 3.5 percent in New York trading after its earnings forecast signaled demand for models like the Droid is helping to reverse a three-year sales slump.
Microsoft Corp. , the world’s largest software company, filed patent-infringement claims targeting Motorola Inc. ’s Android smartphones, in the latest skirmish in the growing market for versatile mobile devices.
Sprint Nextel Corp., the third- largest U.S. wireless carrier, said it needs as much as $7 billion in capital to pay for new handsets and a network upgrade after posting its 16th straight quarterly loss.
Four years after he began agitating for change at Motorola Inc. , Carl Icahn will get his wish Jan. 4 with the spinoff of its mobile-phone unit. He still hasn’t made money on the investment, according to Bloomberg calculations.