Google trims losses at Motorola

Google trims losses at Motorola

Google continued to reduce the losses at its Motorola handset arm, but the phone manufacturer still cost it more than a quarter of a billion dollars.

The digital giant posted its first quarter results overnight. Sales at Motorola, which Google bought last year for $12.5bn, dropped quarter on quarter from $1.51bn to $1.02bn. It improved on the $353m loss it made in the last 12 weeks of 2012, but it still posted an operating loss of $271m. Google continued to cut through Motorola's workforce, shedding more than 1,000 jobs during the three months to 31 March. The manufacturer now has 9,982 employees globally.

Google CEO Larry Page was the latest executive to hint about forthcoming Motorola devices. During an analyst call, he said: 'Battery life is a challenge for most people. You shouldn’t need to carry around a charger with you to make it through the day. If your kids spill their drink on their tablet, the screen shouldn't die, and when you drop your phone it shouldn't shatter. There is a real potential to invent new and better experiences, one that are much faster and more intuitive, so having just seen Motorola’s upcoming products myself. I’m really excited about the potential there. In just under a year, they have accomplished a lot and have impressive velocity and execution.'

Author: Graeme Neill

Written by Mobile Today
Mobile Today


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