Motorola Mobility's Q4 revenue dips $80 million

Motorola Mobility's fourth quarter revenue for the year 2011, decreased $80 million reaching $3.4 billion, compared to the year ago quarter.

For the full year, 2011 net revenues were $13.1 billion, up 14 percent compared to 2010. The net loss stood at $0.84 per share compared, to a loss of $0.29 per share in 2010.

''In the fourth quarter, we received very positive consumer response to Motorola RAZR, which combined an iconic brand with ultra-thin in an innovative smartphone.

Our Home business continues to be a leader in the industry’s transformation to all IP, with unique solutions that enable rich media experiences across any screen,'' said Sanjay Jha, chairman and chief executive officer, Motorola Mobility.

The net revenue of the mobile devices in the fourth quarter stood at $2.5 billion, up 5 percent compared with the year-ago quarter. The operating loss reached $70 million compared to operating earnings of $72 million in the year-ago quarter.

The American handset manufacturer, shipped a total of 10.5 million and 42.4 million mobile devices in the fourth quarter and full year 2011, respectively, which included 5.3 million and 18.7 million smartphones, and approximately 200 thousand and 1 million tablets in the fourth quarter and full year, respectively.

The company has reminded stockholders that it is possible that the failure to timely meet the conditions or other factors outside of the company's control could delay or prevent completion of the Google's acquisition of the firm.