Motorola Mobility phone revenue plummets in Q412 as losses mount

“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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Apple wins another one as U.S. ITC judge rules Google Motorola Mobility phone patent invalid – December 19, 2012
Google looks to sell Motorola’s set-top box biz as Google TV flounders – December 10, 2012
Steven P. Jobs Trust now making money off Motorola Mobility Android phones – November 3, 2012
Google’s Motorola Mobility pulls most smartphones, all tablets from German market after patent infringement rulings – October 8, 2012
Apple scores major patent win over Android: German court issues injunction against Google’s Motorola Mobility – September 13, 2012
Google to buy Motorola Mobility for $12.5 billion to bolster patent portfolio – August 15, 2011


    1. I noticed the margins too. Like Dell, they have to keep peddling faster to stay in place. Advertisers are wising up to the poor value proposition offered by Google and are negotiating lower rates.

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