Google earnings: Google overcome Motorola losses - chicagotribune.com
: ""If you look at most companies they never do anything different, and eventually they run into problems for that reason," said the 40-year-old Page, who co-founded Google in 1998 with Sergey Brin. He said the new lineup of yet-to-be-released Motorola devices would offer a variety of improvements over current smartphones, with features such as longer battery life and better resistance to shattering or damage from spilled drinks. For now however, the Motorola business continues to be a drag on Google's consolidated results, said Gillis of BGC Partners. Revenue at the Motorola business, which Google acquired for $12.5 billion in May 2012, declined to $1.02 billion in the first three months of the year, from $1.51 billion in the fourth quarter. The Motorola business posted an operating loss of $271 million in the first quarter."
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