Motorola Mobility Made a Loss of £44m in 2011

By Gary Cutlack on at

Despite shipping 10.5 million mobile phones and 200,000 Xoom tablets in the fourth quarter of 2011, Motorola's mobile division still managed to slump to a rather large £44m loss in 2011. That's down from a £42m profit in 2010.

5.3 million of the 10.5 million mobile phones sold were Android-powered smartphones, which is some good news for would-be buyer Google, plus total net revenue in the mobile department was up 5 per cent to $2.5bn despite the "increased competitive environment."

Motorola's CEO Sanjay Jha put his bravest-little-soldier face on, saying the company "received very positive consumer response to Motorola RAZR" -- which should at least help get 2012's numbers off to a better start. [Motorola via FT]