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/FIRST AND FINAL ADD -- NY055 -- MOTOROLA EARNINGS/

 MOTOROLA, INC. AND CONSOLIDATED SUBSIDIARIES
 Statement of Consolidated Earnings (Unaudited)
 Dollars in millions except share figures
 Third Quarter (A) Nine Months
 '93 '92 '93 '92
 Net sales $4,408 $3,396 $11,970 $9,592
 Manufacturing and
 other costs of sales 2,712 2,156 7,327 6,063
 Selling, general, and
 admin. expenses 974 761 2,676 2,147
 Depreciation expense 298 264 841 731
 Interest expense, net 36 35 108 109
 Total costs and expenses $4,020 $3,216 $10,952 $9,050
 Earnings before income taxes
 and accounting change (B) 388 180 1,018 542
 Income taxes provided on
 earnings 134 53 336 147
 Net earnings before effect
 of accounting change (B) $ 254 $ 127 $ 682 $ 395
 Effect of accounting
 change (B) -- -- -- (123)
 Net earnings $ 254 $ 127 $ 682 $ 272
 Net earnings per common and
 common equivalent share
 Earnings adjustment in
 dilution calculations (C) $ 4 $ 5 $ 13 $ 14
 Primary:
 Net earnings per share
 before accounting
 change (B) $ .88 $ .46 $ 2.41 $ 1.45
 Effect of accounting
 change, per share (B) -- -- -- (.44)
 Net earnings per share $ .88 $ .46 $ 2.41 $ 1.01
 Avg. common and common
 equivalent shares
 outstanding - primary
 (in millions of shares) 288.5 282.6 288.5 282.6
 Fully Diluted:
 Net earnings per share before
 accounting change (B) $ .87 $ .46 $ 2.40 $ 1.45
 Effect of accounting change,
 per share (B) -- -- -- (.44)
 Net earnings per share $ .87 $ .46 $ 2.40 $ 1.01
 Avg. common and common
 equivalent shares outstanding
 - fully diluted (in millions
 of shares) 289.5 283.2 289.5 283.2
 Dividends paid per share $ .11 $ .095 $ .33 $ .285
 Net margin on sales
 (in percent) (D) 5.7 3.7 5.7 4.1
 Return on average
 invested capital
 (in percent) (E) 13.4 8.7 -- --
 R&D expenditures $ 384 $ 332 $ 1,113 $ 952
 (A) Third quarter ended Oct. 2, 1993 and Oct. 3, 1992.
 (B) Cumulative effect of adoption of SFAS No. 106, "Accounting for Postretirement Benefits Other than Pensions."
 (C) Total amount added to earnings in the earnings dilution calculation. Included are amounts representing interest expense which would not have been incurred if certain convertible debt securities had been converted to common shares.
 (D) 1992 amounts are before cumulative effect of accounting change.
 (E) Based on the performance of the four preceding quarters ending with Oct. 2, 1993 and Oct. 3, 1992 (1992 amounts are before cumulative effect of accounting change).
 The sales and earnings results reported herein include, in the opinion of management, all adjustments (consisting of reclassifications and normal recurring adjustments) necessary for a fair statement of income. The results for the quarter and first nine months are not necessarily indicative of the results to be expected for the full year.
 MOTOROLA, INC. AND CONSOLIDATED SUBSIDIARIES
 Condensed Consolidated Balance Sheets (unaudited)
 (in millions)
 Assets Oct. 2, 1993 Dec. 31, 1992
 Cash and cash equivalents $ 905 $ 677
 Short-term investments, at lower
 of cost or market 325 253
 Accounts receivable, less allowance for
 doubtful accounts (1993, $81; 1992, $69) 2,483 2,036
 Inventories 1,730 1,321
 Other current assets 997 931
 Total current assets 6,440 5,218
 Property, plant and equipment, less
 accumulated depreciation
 (1993, $4,343; 1992, $3,603) 5,062 4,576
 Other assets 1,153 835
 Total assets $12,655 $10,629
 Liabilities and Stockholders' Equity
 Notes payable and current portion of
 long-term debt $ 649 $ 437
 Accounts payable 1,136 1,127
 Accrued liabilities 2,313 1,771
 Total current liabilities 4,098 3,335
 Long-term debt 1,438 1,258
 Other liabilities 1,081 892
 Stockholders' equity 6,038 5,144
 Total liabilities, stockholders' equity $12,655 $10,629
 MOTOROLA, INC.
 Information by Industry Segment
 (Dollars in Millions, Unaudited)
 Information about the company's operations in different industry segments for the quarters and nine-month periods ended Oct. 2, 1993, and Oct. 3, 1992, is summarized below:
 Net sales
 For the third quarter 1993 1992(A) Pct. Change
 Semiconductor products $1,506 $1,152 31
 General systems products 1,350 944 43
 Communications products 1,182 985 20
 Government and systems
 technology products 322 174 85
 Information systems products 142 154 (8)
 Other products 281 209 34
 Adjustments & eliminations (375) (222) (69)
 Industry segment totals $4,408 $3,396 30
 For the nine months 1993 1992(A) Pct. Change
 Semiconductor products $4,176 $3,299 27
 General systems products 3,593 2,586 39
 Communications products 3,338 2,786 20
 Government and systems
 technology products 594 460 29
 Information systems products 449 459 (2)
 Other products 813 595 37
 Adjustments & eliminations (993) (593) (67)
 Industry segment totals $11,970 $9,592 25
 (A) Information for 1992 has been reclassified to reflect the realignment of various business units.
 -0- 10/11/93 AA NY055
 /PRNewswire -- Oct. 11/
 /END FIRST AND FINAL ADD/
 (MOT)


CO: Motorola, Inc. ST: Illinois IN: TLS SU: ERN

LD -- NY055A -- 0840 10/11/93 18:34 EDT
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Date:Oct 11, 1993
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