Motorola suffers loss

Motorola Mobility sank to a fourth-quarter loss, as it battled fierce competition in the smartphone and computer tablet market.

Motorola Mobility sank to a fourth-quarter loss, as it battled fierce competition in the smartphone and computer tablet market.

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The company is also trying to close its proposed $12.5 billion sale to Google.

Motorola Mobility Holdings Inc. lost $80 million, or 27 cents per share, compared with a profit of $80 million at the same time in 2010.
The company’s revenue was flat at $3.4 billion.