the following quarter, the financial performance initiated by galvin proved sustainable and repeatable. on july 20, 2004, motorola reported q2 2004 results of increased sales revenue growth by 41% to $8.7b, an improvement in operating earnings by 394%, $800 m in pre-tax earnings, $800 m in free cash flow, and a $1.8b net cash position on the balance sheet. the cellular mobile phone business recorded an increased sales revenue growth of 67%, equating to $3.9b in quarterly sales while maintaining a 10.2% operating margin.