Motorola Q4 2011 Earnings: Loses $80 Million
By on January 27th, 2012

2011 has been a great year for some players in the smartphone space like Apple and Samsung, who have posted record sales and profits. However, there have been some losers too, like Nokia which lost nearly $1.3 billion in Q4 2011. The year hasn’t turned out very well for Motorola either, one of the largest Android smartphone maker which was recently acquired by Google.

Motorola announced net revenues of $3.4 billion in Q4, with a net loss of $80 million. The Mobile Devices division accounted for $2.5 billion in revenue and a operating loss of $70 million.

Motorola shipped 10.5 million mobile units in Q4 2011 and 42.4 million units in the entire year. It made a total operating loss of $285 million in 2011 from its mobile business. A major portion of these mobile devices were feature phones, with much lower profit margins than smartphones.

Motorola’s tablet sales were also quite low. It shipped only around 1 million tablets in 2011. It shipped 18.7 million smartphones in 2011, much lower than Apple, Samsung and HTC.

Anyway, it’s Google’s problem now. Google should complete the acquisition of Motorola in 2012, which is currently pending regulatory approval.

Check out the Motorola Q4 2011 earnings release: Motorola Mobility Announces Fourth Quarter and Full-Year Financial Results

Tags: , ,
Author: Pathik Google Profile for Pathik
o_O

Pathik has written and can be contacted at pathik@techie-buzz.com.
 
Copyright 2006-2012 Techie Buzz. All Rights Reserved. Our content may not be reproduced on other websites. Content Delivery by MaxCDN