Wednesday, May 2, 2012

Motorola ships 5.1 million smartphones in Q1, posts $121 million loss

Motorola ships 5.1 million smartphones in Q1, posts $121 million loss

MotorolaMotorola this afternoon posted its Q1 2012 earnings, and things aren't all that rosy on the phone side of the biz. While revenue in its mobile device division was up 3 percent to $2.2 billion, Motorola Mobility still posted a $121 million (GAAP) operating loss for the quarter, some $32 million more than a year ago.

On the plus side, Moto shipped some 8.9 million mobile devices, with 5.1 million of them of the smartphone variety. 

Moto's bullet points for the quarter were the Droid RAZR MAXX and Droid 4, the Motoluxe (which is a bit of a hit outside the U.S.) and the Bubba Watson-branded MOTOACTV Golf Edition.

Source: Motorola Mobility






Nicole Scherzinger
Katie Cassidy
Arielle Kebbel

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