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  • counter_insurgency_buff counter_insurgency_buff Jul 19, 2012 4:37 PM Flag

    This is absurd Goog misses top line and up 20$

    SAN FRANCISCO (MarketWatch) -- Google Inc. said Thursday afternoon that its newly acquired Motorola Mobility unit had revenue of $1.25 billion for the second quarter. That represents a drop of 62% from the $3.3 billion in revenues that Motorola reported in last year's second quarter - before it was acquired by Google GOOG +1.86% . The mobile device unit had revenues of $843 million in the second quarter, down sharply from $2.4 billion in the same period last year. The Motorola wireless device business generated an operating loss of $192 million for the second quarter compared to $85 million in the same period last year.

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