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Enterprise margins sustainable, says Motorola

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CIOL Bureau
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NEW YORK, USA: Motorola Inc expects its enterprise unit to continue achieving operating profit margins of 16 per cent to 17 per cent in 2011, according to co-chief executive Greg Brown.

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Brown also repeated Motorola's operating profit target of 16 per cent to 17 per cent for the unit for 2010 and said that "broadly speaking they're sustainable going into 2011".

Brown also backed Motorola's previously announced target for 2010 revenue growth in the mid-single-digit percentage range for the unit, which is being separated from the rest of Motorola in the first quarter of 2011.

Brown will head the new entity, Motorola Solutions, while co-CEO Sanjay Jha will run the mobile devices business.

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