Motorola has posted their earnings for the second quarter of 2010 today. Motorola’s sales in Q2 2010 were at $5.4 billion, and earnings were at $162 million, up $26 million from Q2 of 2009.

Motorola’s mobile device division had sales of $1.7 billion, down 6% from Q2 2009. Operating earnings for the division were at $87 million, including a legal settlement of $228 million. Motorola shipped 2.7 million smartphones and 8.3 million handsets in Q2 2010, the company believes its Droid X and other smartphones will lead in sales in the future.

“The Droid X launch has been very well received and is seen as one of the best smartphones in the market today with a 4.3 inch high-resolution display, Adobe flash and an 8 megapixel camera. As we continue to execute on our business strategy, we are in a strong position to continue improving our share in the rapidly growing smartphone market and improving our operating performance,” said Sanjay Jha, Motorola co-chief executive officer and CEO of Motorola Mobility. “The Mobile Devices and Home businesses remain focused on developing next-generation products to capitalize on the convergence of mobile experiences and home entertainment.”