Motorola Mobility (MMI) estimates Q4 sales at $3.4B, flat vs. the year-ago period and below...

|By:, SA News Editor

Motorola Mobility (MMI) estimates Q4 sales at $3.4B, flat vs. the year-ago period and below $3.9B consensus; it shipped ~10.5M mobile devices, including ~5.3M smartphones vs. 4.9M units Y/Y. Results were impacted by "the increased competitive environment in the mobile device business and higher legal costs associated with ongoing intellectual property litigations."