While Motorola Mobility has gained a valuable ally with its recently approved (except in China) acquisition by Google, the outlook is not all rainbows.  Today they released their Q1 earning report and it was a bit of a mixed bag.  The company’s revenue was up slightly to $3.1 billion but it also lost over $121 million in the same quarter.  A big reason for this was the rather sobering drop in shipments of mobile devices, in Q4 of 2011 they shipped 10.5 million, the first quarter of this year Moto... Read The Rest →