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Google posts first-quarter revenue of $14 billion

Google Inc reported consolidated first quarter revenue, including its Motorola Mobility business, of $13.97 billion, up 31 percent from the year-ago period.

 

Motorola Mobility Q1 Tops Estimates; Sells 4.1M Smartphones; Over 250K Tablets

Motorola Mobility this afternoon posted better-than-expected Q1 results. For the quarter, the company reported revenue of $3 billion and a non-GAAP loss of 8 cents a share; the Street had expected $2.84 billion and a loss of 12 cents a share. The company said it sold 9.3 million mobile devices in the quarter, including 4.1 million smart phones, and more than 250,000 tablets. Revenues were up 22% from a year ago.

 

Motorola phones return to profit

Motorola's mobile phone division reports a quarterly profit for the first time in more than three years.

 

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