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Motorola reports $384 million operating loss for Q4 2013

For its last quarter owned by Google, Motorola posted a $384 million operating loss (NASDAQ:GOOG)
By: Anthony Garreffa | Business, Financial & Legal News | Posted: Jan 31, 2014 4:33 am

Motorola is free from Google now, sliding into the warm embrace that is Lenovo, but for its last quarter under the search giant, Motorola reported $1.24 billion in revenues, ending in a operating loss of $384 million.

 

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Comparing its results to last year, revenues are down $270 million, and it lost $232 million more this year, compared to 2012. When Motorola came over to Google, it had over 20,000 employees - today, that number is just 3,894.

NEWS SOURCES:Androidcentral.com

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