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Motorola Droid RAZR M

On Google’s Q3 2012 earnings call today, CFO Patrick Pichette talked briefly about Motorola Mobility’s performance about half a year into its acquisition:

Look, we’re really pleased with Motorola’s progress in its first 150 days. As indicated in our public filings, our team has made a lot of operational changes, we harmonized and narrowed the product portfolio, [undertook] streamlining of software operations, and we scaled back the markets in which we operate. But that said, we’re just at the beginning of the Motorola-Google story, and we should expect, as I mentioned before, results from this segment to be quite variable for quite a while yet.

Remember that we inherited an entire product pipeline where hardware business cycles are…

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