MOTOROLA’S MOBILITY REPORT REVENUE OF $ 3.3 BILLION WITH A NET LOSS OF $ 32 MILLION, CONTINUES TO OFFER DETAILS ABOUT PURCHASING GOOGLE
http://dervishcom.blogspot.com/2011/10/motorolas-mobility-report-revenue-of-33.html
Just in time for a association to be acquired by Google, Motorola Mobility is commencement to right a ship, as evidenced by today’s quarterly benefit report. The association reported sum net revenues of $3.3 billion — precisely a same volume warranted final quarter, incidentally, as well as up eleven percent from this time final year — as well as a GAAP net detriment of $32 million.
While a series might put frowns upon a couple of faces, it’s still an alleviation from Q2′s detriment of $56 million, as well as some-more than half ($18 million) of a waste were attributed to losses from a Google acquisition. Mobile device revenues have been up twenty percent year-over-year as well as 11.6 million inclination were shipped, together with 4.8 million smartphones as well as 100,000 Xoom tablets.
On a regulatory front, Moto offering a couple of brand new sum about a swell of a company’s acquisition. It voiced which it will reason a assembly with stockholders upon Nov seventeen to benefit capitulation of a Google merger, as well as — tentative antitrust clearway by a US Department of Justice, a EU as well as multiform alternative supervision entities — expects to tighten a contract by a finish of this year or early 2012 during a latest. Check out all of a numbers after a break.
