Motorola loses 27 cents per share in Q4, sold 5.3 million smartphones

Motorola loses 27 cents per share in Q4, sold 5.3 million smartphones
Motorola Mobility has just reported Q4 numbers and there might be a shortage of red ink at office supply stores. In the three month period, Motorola lost $80 million or 27 cents a share after making $80 million in last year's quarter. Revenue was $3.4 billion. In the quarter, Motorola sold 10.5 million mobile devices, nearly half of which were smartphones. 200,000 tablets were sold in the period ending in December. For the full year, Google's marriage partner reported that it sold 42.4 million mobile devices including 18.7 million smartphones and 1 million tablets. 

For 2011, Motorola Mobility had $13.1 billion in revenue, up 14% from 2010. For the year, the company spilled $289 million worth of red ink, a substanbtial increase from last year's $86 million loss. And for 2011, the mobile devices division of Motorola Mobility claimed some highlights such as the launch of the Motorola DROID RAZR and the introduction of the Motorola DROID RAZR MAXX. The latter, which launched today, offers up to an amazing 21 hours of talk time thanks to the 3300mAh battery. The device remains thin at less than 9mm. The company also announced the Motorola DROID 4, the thinnest and most powerful LTE enabled phone with a physical QWERTY keyboard.

During the fourth quarter, Motorola also announced two new tablets, the Motorola DROID XYBOARD 10.1 and the Motorola DROID XYBOARD 8.2. Two new "life-proof" handsets were unveiled, the Motorola DEFY Mini and the Motorola MOTOLUXE. The fourth quarter also saw Motorola ship the first combination MP3 player and fitness tracker, the MOTOACTV. Lastly, two flagship smartphones were shipped to China, the TD-SCDMA Motorola MT917 and the dual-core, dual-mode, dual-standby Motorola XT928.

source: Motorola

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