Motorola Losses Widen No Plans For New Oz Smartphone

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Google owned Motorola Mobility, who have no plans to launch any new smartphones or tablets in the short term in Australia, have reported a 2% increase in global revenues. Losses have widened to $86 million from a net loss of $81 million a year ago.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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