Motorola Mobility revealed its quarterly earnings for its first fiscal quarter of the year Tuesday, reporting a slightly higher net loss than last year. The company lost $86 million, or 28 cents per share, compared to $81 million, or 27 cents per share, for the same time a year ago. Smartphone sales were slightly up. Motorola shipped 8.9 million mobile devices during the three months that ended on March 31, and 5.1 million of those were smartphones. Its mobile device sales were helped especially by the Droid Razr Maxx and the Droid 4.
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Motorola Losses Climb as Google Deal Lingers in Limbo
Posted by: Rachelle Dragani May 2, 2012 10:38 AMMotorola Mobility revealed its quarterly earnings for its first fiscal quarter of the year Tuesday, reporting a slightly higher net loss than last year. The company lost $86 million, or 28 cents per share, compared to $81 million, or 27 cents per share, for the same time a year ago. Smartphone sales were slightly up. Motorola shipped 8.9 million mobile devices during the three months that ended on March 31, and 5.1 million of those were smartphones. Its mobile device sales were helped especially by the Droid Razr Maxx and the Droid 4.