
Motorola, a cellphone pioneer, which came out in 2004 was bought up by Google two years ago at $12.4 billion. Motorolas product line became outmoded after Apple Inc released the iPhone in 2007, unleashing a new era of touch-screen phones. Motorola hasn't been able to catch up yet. Google is ridding itself of a financial headache by selling Motorola Mobilities smartphone business to Lenovo for $2.9 billion.
Of that $2.91 billion, $1.41...