Motorola reports difficult Q4 period

Motorola recorded a loss of US$80 million in Q411, compared with a prior-year profit of US$80 million, on revenue which was flat at US$3.44 billion. The Mobile Devices business saw an operating loss of US$70 million, compared to a Q410 profit of US$72 million, on revenue of US$2.5 billion, up five per cent. The company stated its Q4 performance was impacted by the increased competitive environment.

Motorola shipped 10.5 million mobile devices during the period, including 5.3 million smartphones and 200,000 tablets. This compares with 11.3 million devices, with 4.9 million smartphones, in Q410.

For the full year, Motorola reported a net loss of US$249 million, compared with a prior-year loss of US$86 million, on revenue of US$13.1 billion, up 14 per cent.

North America remains Motorola’s largest market, accounting for 48 per cent of sales during the period. Other significant markets for Motorola in Q4 were Latin America (22 per cent) and Greater China (15 per cent).
In a statement, Sanjay Jha, chairman and CEO of Motorola said that “we remain energised by the proposed merger with Google and continue to focus on creating innovative technologies.”