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Motorola

Motorola sells 200,000 tablets, reports $80-million loss

posted onJanuary 27, 2012
by l33tdawg

Motorola Mobility sold 1 million tablets in 2011 -- with only 200,000 Xooms and Xyboards sold in the fourth quarter of the year, a quarter in which the company also reported an $80-million loss.

The consumer electronics maker reported the low tablet sales and negative earnings on Thursday in its quarterly earnings report. The loss came on revenue of $3.44 billion in the fourth quarter. A year earlier, the company reported a fourth-quarter profit of $80 million on $3.43 billion in revenue.