Motorola loss mounts as Google places faith in Moto X

Jul 18, 2013
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Those looking for a win sooner than expected from Motorola in this week's earnings announcements from Google will not be finding themselves overjoyed. According to Google's report, GAAP operating loss for Motorola Mobile was up significantly compared to the same quarter last year, this shown in stark contrast to Google's own operating income, the larger overarching company's fortunes increasing at a rate that's ever-so-slightly smaller than Motorola bleeds.

It would appear that though Google remains a growing business, they'll be pushing for a big with with the upcoming hero phone "Moto X" when the company releases it later this year. As GAAP operating loss for Motorola mounted to $342 million in the second quarter of 2013 - compared to last year's $199 GAAP operating loss during the same quarter, it's nothing compared to the same quarters for non-GAAP operating loss. These same quarters had Motorola lose $49 million in the second quarter of 2012 and $218 million in the second quarter of 2013.

Google itself is doing quite a bit better with a GAAP operating income at $3.47 billion for the second quarter of 2013, up from a GAAP operating income of $3.44 billion this same quarter one year previous. As for non-GAAP operating income, Google hit $4.21 billion here in the second quarter of 2013 up from $3.99 billion one year ago.

We'll see Motorola pushing not only the Moto X this next quarter, but three new DROID-branded smartphones with Verizon in the USA as well. It's likely these devices will find themselves released in slightly modified iterations for international markets and/or non-Verizon carriers in the USA while Moto X leads the way through the end of the year. Have a peek at SlashGear's Motorola tag portal for more through the future as well!

VIA: Google


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