Motorola today announced their second quarter financial results with $8 billion in total sales. The company’s net earning were break-even but it had positive cash flow of $204 million after multiple quarters of losses. The mobile devices group shipped 28.1 million phones to successfully hold on to its third position in cellphone market. Previous it was believed that LG would take away the third place from Motorola as it sold 27.7 million handsets in last quarter.  The total sales were down year-over-year from 8.7 billion to 8 billion, but the cellphone maker had a positive outlook for both the third and fourth quarter. The company plans to either break even or turn slight profit for the quarter ending in September and to turn a larger profit of as much as eight cents per share for year 2008.
[Via Macnn]