Nokia recently announced a disappointing quarter, but apparently Nokia's loss is Motorola's gain. Motorola announced a great quarter yesterday and beat revenue estimates by almost 2 Billion dollars! This isn't Walmart, where $2B isn't a big deal, analysts were expecting around $6.8B and Motorola came in at $8.6B.
As one would expect, Motorola's stock is surging on this news.
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