Motorola shares fall to five-year low

Schaumburg, Ill.-based Motorola's shares fell 34 cents, or 4 percent, to $8.26. Earlier, the shares traded as low as $7.61--the stock's cheapest point since May 2003.

American Technology Research analyst Mark McKechnie said in a phone interview he thinks a report of wary comments from Foxconn International Holdings Ltd. affected the stock.

Motorola continues to have "difficulties" and will "continue to impact" Foxconn, the company's chairman Samuel Chin said Thursday, according to a Bloomberg.com report dated Thursday.

McKechnie also said that general market sentiment on broad-based handsets "is a bit negative now," while it's "really positive" on smart phones.