Tuesday, January 22, 2013

Motorola's $353M Q4 loss weighs on Google results


The Motorola Razr HD.


(Credit: CNET)

Google's Motorola unit continues to struggle, posting a loss of $353 million in the fourth quarter and besmirching the Internet giant's other profitable results.


Excluding one-time items, the unit posted a loss of $152 million.


A year ago, when Motorola was still an independent company, it posted a net loss of $80 million and an adjusted profit of $61 million.


Its revenue, meanwhile, came in at $1.51 billion down from $3.4 billion a year ago.


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