Motorola Mobility has a long way to go before it gets out of the red.
Google's smartphone unit posted a third-quarter operating loss of $248 million, wider than the year-earlier loss of $192 million, but an improvement over the loss of $342 million from the second quarter.
Motorola's revenue fell 33 percent from a year ago to $1.18 billion.
The poor results come even as Google reported a third-quarter profit that rose by a third and topped Wall Street expectations.
It was an active quarter for the struggling business, which has continued to pile on losses for … Read more