Motorola posts $121 million loss in Q1 2012, still ships 5.1 million smartphones
Motorola Mobility has reported their earnings for Q1 of 2012, and the results are a mixed bag. Overall the company made it through the quarter with a $121 million operating loss, but things are on the up and up for Moto’s mobile division. Revenue was up 3 percent to the tune of $2.2 billion with 8.9 million devices shipped. Of those, 5.1 million were smartphones.
In other news, Motorola reported that China is still the odd man out when it comes to final approval for Google’s acquisition of the company. All other major players, including the US, have signed off on the deal.
[via Motorola]