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Motorola Mobility Loss Widens In Q1

5/01/2012 04:49:34 PM Eastern

Libertyville, Ill.
- Consolidated first-quarter sales at Motorola Mobility were up 2 percent to
$3.1 billion, but the company's consolidated net loss widened to $86 million
from a year-ago net loss of $81 million.

The losses follow
a full-year fiscal 2011 net loss of $249 million, which was up from 2010's $86
million loss.

In mobile devices,
first-quarter revenues grew 3 percent to $2.2 billion, but mobile operating
losses grew to $121 million from a year-ago operating loss of $89 million. The
mobile division shipped 8.9 million devices, including 5.1 million smartphones.

The company's home
segment, which includes settop boxes and video-transmission
infrastructure,  posted a 2 percent
decline in revenues to $884 million, but operating earnings improved to $68
million from a year-ago $53 million.

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