Google‘s investor relations call surely wasn’t anything exciting, but while we’ve been following along the Q and A sessions gave us a few treats. First up Larry Page talked about the Nexus supply, and now their CFO briefly mentioned their plans for Motorola. Read on for a quick quote right from Google’s own as he talks about big changes coming soon.

Google’s CFO Patrick Pichette was asked about the Motorola acquisition as a whole, and how they still lost $385 million with Motorola last quarter. His response was pretty straight forward and didn’t reveal anything – as expected – but the quote below has us excited with Motorola’s future already.

“Just a bit of color on Motorola – We’re not in the business of losing money with Motorola. We’re 120 days into this journey – and we’ve inherited 12 to 18 months of product pipeline. With product restructuring, it does take time for new product to show up… Be ready for a lot of fluctuation in our P and L [Profit and Loss Statements] over the next quarter.” — Patrick Pichette

Now you can take this multiple different ways. For one being the entire RAZR HD, RAZR M, and anything that gets released in the near future will be all Motorola before Google took the reins. That isn’t to say Google hasn’t made some changes and had at least some effect. Whether it was the plan or not, Motorola’s slowly changed their UI to be closer to stock Android than most, and even adopted the on-screen navigation buttons. We’re still hoping HTC and Samsung do the same, but for now that isn’t looking likely.

We’ve heard a lot lately about Motorola’s X-Phone, that’s reportedly been a joint venture and project with Google. 120 days into their “journey” we can’t expect things to be fully under way yet, but maybe they got started before the acquisition was finalized. For now everything is just rumors and speculation but hopefully we learn some concrete details soon. Google’s Pichette clearly mentioned to “be ready for a lot of fluctuation in P and L” and that product restructuring takes time. To an Android enthusiast like me that reads: Be ready for something brand new and different from Motorola. And expect some huge changes and major fluctuation in the future.

While we don’t know what the future holds for Motorola, it’s safe to say good things are ahead of us with Google at least working with the teams. Stay tuned for more details as we’re sure they’re coming soon.