Motorola Mobility’s financial performance has been less than stellar in the last three years, so its acquisition by Google for $12.5 billion could be a boon for the company. “Motorola has been running at an operating loss for quite a few quarters,” observed Ramon T. Llamas, who analyzes mobile devices technology and trends for IDC. “Now it has access to money.” In the last three years, Motorola Mobility has racked up $17 billion in losses. By contrast, during that period, Google has racked up $25 billion in profits.
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Under Google's Wing, Motorola Can Stop Dabbling
Posted by: John P. Mello Jr. May 23, 2012 08:54 AMMotorola Mobility’s financial performance has been less than stellar in the last three years, so its acquisition by Google for $12.5 billion could be a boon for the company. “Motorola has been running at an operating loss for quite a few quarters,” observed Ramon T. Llamas, who analyzes mobile devices technology and trends for IDC. “Now it has access to money.” In the last three years, Motorola Mobility has racked up $17 billion in losses. By contrast, during that period, Google has racked up $25 billion in profits.