Motorola Milestone Android handset (shown above). (Image: gillyberlin, via Flickr / CC)

Motorola Mobility has posted a report on its $86 million net loss for the first quarter of this year prior to search giant Google’s acquisition of the company.
The American smartphone/tablet maker lost six percent more than last year’s first quarter loss despite hauling $3.08 billion in revenue from $3.03 billion over the same period in 2011. While mobile phone sales accounted for most of its losses, …