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Motorola Mobility ships 5.3m smartphones, loses $80m in Q4 on $3.4b revenue

By on January 26, 2012 at 5:07pm in Mobile News

Motorola Mobility, on the brink of being swallowed by Google, have come out with their Q4 ’11 earnings and the results are not great. The company earned $3.4 billion in revenue and posted an $80 million loss, despite selling 10.5 million mobile devices, 5.3 million of which were smartphones. The 10.5 million target was in line with expectations.

A year ago, in Q4 2010, the company earned $110 million in profit, but were seen as slowing down. On the bright side, the Mobility Devices portion of the company increased its net revenue up 5% y/y to $2.5 billion for the quarter, and to $13.1 billion for the year. Yearly net losses stood at $249 million, an increase from $86 million a year earlier.

According to the earnings report, “The Company shipped a total of 10.5 million and 42.4 million mobile devices in the fourth quarter and full year 2011, respectively. This included 5.3 million and 18.7 million smartphones and approximately 200 thousand (200,000) and 1 million tablets in the fourth quarter and full year, respectively.”

As for Motorola’s successes? CEO Sanjay Jha says that there were some great products launched in 2011, including the Atrix and RAZR, and the proliferation of their webtop platform. On the upcoming Google merger, he said, “we remain energized by the proposed merger with Google and continue to focus on creating innovative technologies.”

Source: Motorola
Via: The Verge

Related posts:

  1. RIM Q1 Revenue was $2.24 billion, ships 5.4 million devices
  2. RIM Q2 revenues down, ships 10.6 million BlackBerry smartphones and 200,000 PlayBooks
  3. RIM Q3 results: Ships 14.1 million BlackBerry smartphones, and approximately 150,000 BlackBerry PlayBook tablets
  4. Motorola Mobility to cut 800 jobs

Discussion

7 comments for “Motorola Mobility ships 5.3m smartphones, loses $80m in Q4 on $3.4b revenue”

  1. Do you mean $110 Million? I don’t think they made $110 profit :)

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    Posted by Adam | January 26, 2012, 5:32 pm
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  2. maybe if moto kept their promise about unlocking bootloaders maybe they’d sell more phones. hmmm?

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    Posted by Sup | January 26, 2012, 7:02 pm
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  3. Things will change when Google walks in. Unlocked everything and a beautiful new NEXUS.

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    Posted by dave | January 26, 2012, 7:26 pm
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  4. ^^ That will be called a NEXUS.

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    Posted by dave | January 26, 2012, 7:28 pm
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  5. Really hope the next Nexus to be with Moto or Sony!

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    Posted by bummy | January 27, 2012, 12:05 am
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  6. No surprise here, their great product (Atrix) has been in for repairs twice in two months. Oh and Motorola does not stand behind it’s products, if they did I would have a new working Smartphone instead of one that keeps going in for repairs.

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    Posted by Neil | January 27, 2012, 8:33 am
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  7. Good riddance. My first ever phone (Dext) will also become the last phone I’ll buy from Motorola. Keeping a phone released in Q2 2010 doesn’t justify keeping it at ugh, Android 1.5 -__-

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    Posted by Sam | January 27, 2012, 10:26 am
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