Wednesday, 2 May 2012

Motorola Mobility manages to lose $86 million in Q1, device deliveries way down

Motorola Mobility loses $86 million in Q1, device shipments way down

Well, the very first quarter of 2012 is formally over Motorola Mobility, and also the financial news is quite sobering for the organization. While revenues were up, the climb was modest, to simply $3.1 billion. Which small bump in incoming cash wasn't enough to push away another quarter of manages to lose. Actually, after losing $80 million in Q4 of 2011, Talkabout lost $86 million in Q1 of 2012. The organization ongoing to bleed cash mainly because deliveries of mobile products delivered significantly. Only 8.9 million products were shipped within the quarter, lower from 10.5 million within the last a part of 2011. With 5.a million of individuals being mobile phones however, the telephone division did have the ability to increase revenues by 3 %. The main one vibrant place was the house segment which, because of its home gateways and broadcast goods, handled to make (you heard right, not lose) $68 million, up from $53 million last year. For additional amounts and charts browse the source link.

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Motorola Mobility manages to lose $86 million in Q1, device deliveries way lower initially made an appearance on Engadget on Tue, 01 May 2012 16:47:00 EDT. Please visit our terms to be used of feeds.

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