Motorola Mobility outlook disappoints (AP)

Motorola Mobility Holdings Inc., maker of mobile phones and cable set-top boxes that are shared by the rest of Motorola in January, is struggling to continue its turnaround and find a stable foothold in the world of smart phones and tablets.

On Thursday posted a loss for last quarter and expected results for the current quarter well below analysts' expectations, sending its shares down.

The Libertyville, Ill., company was optimistic about full year results, but to achieve their goals, it has a lot to catch up during the holiday season.

Motorola shares fell 80 cents, or 3.5 percent, to $ 22.11 in extended trading after it reported its quarterly results. It is closer to $ 20.77, its lowest level since the company separated from the old Motorola Inc. on January 4. At the regular session shares lost 89 cents, or 3.7 percent, to $ 22.91.

Motorola delivered the fourth4 million smartphones during the quarter, up from 2.7 million the year before. Some analysts expect more to prove Motorola defenseless against large competitors like Apple Inc. and Samsung Electronics.

Latin America and China were the bright spots, and regular phone sales helped Motorola ships a total of 11 million handsets, representing the second year to year as Motorola fortunes began a steep slide in 2006. Apple sold 20,300,000 iPhones in the quarter.

Motorola reported a loss of $ 56 million, or 19 cents per share, from April to June. That compares with a profit of $ 80 million last year.

Excluding costs for stock-based compensation and amortization of intangible assets, Motorola made a profit of 9 cents per share, 2 cents more than analysts expected, according to FactSet.

Revenue was $ 334 billion, up 28 percent to $ 2.61 billion a year ago. Which hit analyst projections of $ 3.14 billion.

For the third quarter, Motorola expects adjusted earnings from profit to 10 cents per share. Analysts were looking for 27 cents per share.

CEO Sanjay Jha said that the return of profits in the third quarter would be held by the slowdown in Bionic Droid, the first Motorola phone to the new "4G" network of Verizon Wireless data, thanks to falling prices and volumes of tablet computers and a season slowdown in sales of decoders.

Motorola introduced its first tablet, Xoom, in February. He did not come close to matching the popularity of the Apple iPhone and Motorola has recently reduced the price on it.

With the holiday season, Motorola will have at least one smartphone 4G 4G and two more tablets, Jha said.

For the full year, Motorola expects earnings of 48 cents to 60 cents per share, which implies the fourth quarter earnings of 37 cents per share of 59 cents per share. They are riding the average estimate of analysts of 47 cents per share.

Last week, shares of Motorola rose after activist investor Carl Icahn revealed that the company is pushing to squeeze profits from its extensive patent portfolio. Icahn owns 11.4 percent of Motorola and successfully pushed the old Motorola to break into two parts to increase shareholder value.

Icahn was probably inspired by the promise of a consortium that included Apple Inc., Research In Motion Ltd., Microsoft Corp. and Sony Corp. to pay $ 4.5 billion for a collection of 6,000 patents from Nortel Networks, the Canadian manufacturer failure of telecommunications equipment.

Motorola has more than 17,000 patents on the technology of the phone, or nearly three times as Nortel, but market capitalization is only 50 percent from $ 4.5 million. That raises the possibility of a company or a consortium of wealthy Motorola break because of its patents alone, or that the company could not charge more aggressive about licensing.

It is a battle over patents for technology companies as they seek to shore up the defense of their differences. Almost all manufacturers of smartphones-party complains of patents.

On Thursday, Jha said the company has a patent monetization "very good" in recent years. But he is not "against" a more drastic action to unlock value, said in an interview, without giving examples.