Tuesday, May 1, 2012

Motorola posts $86 million Q1 loss, tops revenue estimates

Motorola posts $86 million Q1 loss, tops revenue estimates

. Motorola Mobility on Tuesday reported its financial results for the first quarter. The struggling vendor managed $3.08 billion in sales, narrowly topping Wall Street's $3.03 billion revenue estimates as Motorola continued to work toward the finalization of Google's $12.5 billion acquisition.

Boy Genius Report, Motorola posts $86 million Q1 loss, tops revenue estimates