Moto's losses narrow as it prepares for life at Google

27.10.2011

The company did not offer expectations for the final quarter of the year, although last quarter it said it expected to be profitable in the fourth quarter and for the full year. It's not clear how Google will report Motorola results once its acquisition is complete.

Motorola continues to expect its acquisition by Google to close by the end of this year or early next, even though the U.S. Department of Justice has asked both Google and Motorola for more information about the agreement. Such scrutiny from the government is likely to slow down the closing of the deal. The acquisition also requires antitrust clearance by the European Commission, Canada, China, Israel, Russia, Taiwan and Turkey, Motorola said.

The handset maker is not conducting a conference call to discuss the quarterly earnings.

The IDG News Service