Since Google purchased Motorola Mobility in 2011, its subsidiary has been a pretty significant drain on the search company’s profits. With the release of the Moto X, its latest flagship phone, the company is hoping to bring in a few more bucks. Even so, Q3 losses sit at $248 million – significantly better than its second quarter, which ran $342 million behind, but also $56 million more than last year’s third-quarter.
That said the new iPhone lines and the rapidly advancing Samsung are both giving Motorola stiff competition in the smart phone arena. Google is far from the red though, despite the consistent, heavy losses from its own smart phone division.
Only time will tell if its new US-based factories will be kept busy with new Moto X's and Droids, but Google certainly seems to know what its doing -- at least when it comes to business.