motorola out of handset business

Moto is in deep enough trouble to contemplate getting out of the handset business. Richard Windsor, an analyst with Nomura International, informed clients that Motorola may concentrate on being an enterprise and government company and sell off their cell phone division to a Chinese company, an IBM-Lenovo sort of situation. One of the biggest handset makers in the world and make of still the most popular fashion phone to date, the RAZR, is calling it quits. All witnesses are pointing an accusing finger at the iPhone maker.

via Engadget