Droid doesn’t (again): Motorola sees $86M Q1 loss, ships 8.9M phones

Motorola Mobility posted another not-so-hot earnings report for the first quarter today, with a net loss of $86 million on revenues of $3.1 billion. Considering Motorola lost $80 million in the fourth quarter last year, the company clearly needs to find some way to shape up to justify Google’s $12.5 billion acquisition (which is still pending).

AT&T’s Q1 profits actually rose because it sold fewer iPhones

AT&T made a huge recovery in the first quarter from its last earnings report, where it reported a $6.7 billion net loss (mainly due to fees associated with the T-Mobile merger breakup). The company today reported revenues of $31.8 million, up 1.8 percent from last year, with profit of $3.58 billion, thanks mostly to a 41.6 percent increase in wireless margins.