Motorola’s Three Big Mistakes

Getting in on an industry’s ground floor isn’t enough.

Just ask AOL, Netscape and now Motorola (MOT).

The company recently announced it might sell off its cell phone division, dropping the very products that made the company a worldwide name.

It’s a sobering move.

Motorola, after all, developed the world’s first commercial portable cell phone, way back in 1983. It produced iconic, influential designs, including the first flip phone. Just a few years ago, Motorola’s Razr was the world’s top-selling handset.