“In reporting fourth quarter earnings Tuesday, Google Inc. says phone revenue from its Motorola Mobility unit was $1.51 billion, down from $2.5 billion a year earlier and $1.78 billion in the third quarter,” Reuters reports.
“Motorola’s reported loss was $353 million in the fourth quarter, with a non-GAAP operating loss of $152 million,” Reuters reports. “A year ago, its phone business lost $70 million, with an operating loss of $56 million.”
Brief article in full here.
MacDailyNews Take: How’s that working out for ya, Larry?
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