The stock’s of google has increased by 8% in the third quarter of the year 2013, even beating Wall Street Journal’s stock by a small margin. The Company is doing well, also well with its ad businesses but the Motoroal is ailing even after the release of the much hypes Flagship phone from motorola the Moto X with 1600 backpanels.
Motorola brought Google revenue of $1.18 billion, a marked steep drop from the $1.78 billion as it is raked it in third quarter of 2012. Still not backing off the Phone Manufacturer company continues to invest and spend money , with its losses being $248 millions very much more than compared to $192 million in the same period last year.
After the release of the Moto X we were expecting a very nice comeback for the Motorola as expected by the company itself but the sales have not even satisfied them with the response. But still the administration is very optimistic about the device which they thing will be very much beneficial for them in the next few days.
Also get the best on Moto X here. We have a low budget Moto X being rumored at the moment low budget Moto X being rumored at the momentave.