The mobile business posted Loss for the fourth quarter of 2012

Jan 23, 2013 09:59 GMT  ·  By

Motorola Mobility has been part of Google’s business for over a year now, yet no handsets built under the new management have been unveiled until now.

The company indeed unveiled new smartphones last year, but they were part of the production cycle from before the Google acquisition, just as the Internet giant confirmed in early 2012.

Yesterday, the Mountain View-based company announced its financial results for the fourth quarter of the last year, and Google CEO Larry Page reiterated that it was still early days for Motorola after the acquisition.

Apparently, the company inherited a 12-18 months of product pipeline that has yet to land on shelves, and the first smartphones to be built as Google products will have to wait a bit longer.

However, it should not be too long before these devices are made official, and the middle of this year could make a lot of Android enthusiasts happy.

According to BGR, Google’s CEO himself might have hinted at what to expect from the future Motorola smartphones, talking of the opportunities that could be explored in battery life management, durability, and performance.

Users are relying more and more on their smartphones and other mobile devices in their everyday lives, and Google appears set to take advantage of this state of facts.

“Our CEO at Motorola, Dennis, has built a world-class team, and they’re working on these opportunities. It’s still early days, but I am excited about the innovative way they’re approaching product development and the speed of their execution,” Larry Page said.

Recent reports suggested that Google and Motorola were working on a new superphone, allegedly called Motorola X, which might be set to become official at Google I/O in May, and which is supposedly set to hit the market in early July.

Rumor has it that the device might land at multiple carriers, and that it will feature an unlocked bootloader right from the start. However, it won’t be included in the popular Nexus lineup.

In the meantime, we should note that the Motorola Mobility business is still losing money. It registered $1.51 billion in revenues for the fourth quarter of the last year, but posted GAAP operating loss of $353 million.