Motorola reported a higher profit

Motorola reported a higher profit in its second quarter on Thursday as the communications equipment supplier appeared to position itself for a successful breakup early next year



This is really shocking.


Last week, Motorola jettisoned most of its networks business to Nokia Siemens Networks for $1.2 billion

The chief focus remains on the slow recovery of Motorola's mobile phone operation, which has successfully launched several handsets based on Google's Android platform

"The Droid X launch has been very well received and is seen as one of the best smartphones in the market today," said Sanjay Jha, Motorola co-CEO and CEO of Motorola Mobility, in a statement. "As we continue to execute on our business strategy, we are in a strong position to continue improving our share in the rapidly growing smartphone market and improving our operating performance."