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Motorola Mobility Announces Fourth Quarter and Full-Year Financial Results

Motorola Mobility today reported net revenues of $3.4 billion in the fourth quarter of 2011, comparable to the fourth quarter of 2010. The Home business net revenues in the fourth quarter were $897 million, down 11 percent compared with the year-ago quarter. Here are some Home highights:

  • Launched DreamGallery next-generation HTML-5 video navigation software inNorth Americawith Shaw Communications
  • Expanded video leadership and paved the way forCanada’s move to all-MPEG-4 broadcast and On-Demand HD services with Eastlink
  • Demonstrated market leadership with introduction of new carrier Ethernet product line for the deployment of cost-effective commercial services
  • Introduced Motorola APEX3000, which delivers market-leading density to cost-effectively add greater demand for narrowcast services such as VOD and DVR
  • Selected byAltiboxASinNorwayto provide VAP 2400 HD wireless video bridge to enable multi-room TV services

For more information, read the full press release here.