Motorola Mobility today announced its Q4 FY2011 and full-year results. This could well be its last such report before it gets acquired by Google. For its Q4, it recorded revenues of US$3.4 billion but posted a net loss of US$80 million. For the full year, it recorded revenues of US$13.1 billion and a net loss of US$0.84 per share.
“In the fourth quarter, we received very positive consumer response to Motorola RAZR, which combined an iconic brand with ultra-thin in an innovative smartphone. Our Home business continues to be a leader in the industry’s transformation to all IP, with unique solutions that enable rich media experiences across any screen,” said Sanjay Jha, chairman and chief executive officer, Motorola Mobility. “We remain energized by the proposed merger with Google and continue to focus on creating innovative technologies.”
Motorola shipped 10.5 million mobile devices, including 5.3 million smartphones and 200,000 tablets in the last quarter to bring year-end totals to 42.4 million mobile devices, including 1 million tablets.
Motorola expects that its acquisition by Google will close in early 2012. Regulator approvals are still pending in a number of countries including Canada and the U.S.
Read more: Motorola