Lenovo has just reported its FQ3 2014/15 (which would be calendar Q4 2014) earnings, and now that Motorola is integrated into the company we're taking a bit more notice to the results. In the release its made public that Motorola sold 10 million phones last quarter, which is up a staggering 118 percent over sales from the year-ago quarter.
Lenovo doesn't break out the sales numbers of the Moto X and G, but we have to assume that in terms of volume the two generations of Moto G are a big portion of that 10 million. As it is oft to do, Lenovo reminds us that Motorola is poised to re-enter the Chinese market as well, which should send those sales numbers even higher.
Stepping into the business operations of the unit, Lenovo said that it expects Motorola to become profitable in the next four to six quarters. As of this quarter, Mobile Business Group (which now includes Motorola) posted an $89 million loss — knocking off a significant portion of Lenovo's overall net income of $253 million for the quarter.
Source: Lenovo
