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Google keeps mum on Moto as mobile losses continue

Google revealed within its financial results for the second quarter of this year that Motorola Mobility posted an operating loss of US$ 233mn for the period on sales of US$ 1.25bn, with most of these losses coming from its mobile devices business.

The search giant, which acquired Motorola Mobility last May for US$ 12.5bn (details here), gave nothing away on its plans for the division however, as industry speculation mounts over whether its Home unit might be sold off.

Motorola’s Home unit posted revenues of US$ 407mn for the second quarter of this year, while its Mobile segment reported sales of US$ 843mn, and together they accounted for 10% of Google’s overall Q2 revenues.

Google reported revenues of US$ 12.21bn for the three months to June 2012, up significantly from US$ 9.02bn one year earlier, while net profits rose from US$ 2.51bn to US$ 2.79by by the same comparison.

The company also declared within its second-quarter earnings call that YouTube now has thousands of publishing partners who are each making over US$ 100,000 a year from the video sharing website – details here.

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