Android Contenues to loose money even with $97.7 MILLION In Q1
Rob Houglum LeadLinkMedia.com Friday, May 04, 2012
Google has often been pretty wary about the financials behind its Android mobile OS and information that has emerged over the last week could give us an intimation why : it has been losing cash from The First day.
In the lawsuit between Oracle and Google in which Oracle claims Google, in its Android platform, infringes on copyrights and patents related to Java a judge and jurors are trying to work out what sort of damages might be awarded to Oracle. That case took a turn for the precise yesterday, when Judge William Alsup ( as reported by Reuters ) read out excerpts of Google documents that determined the platform produced a loss for each quarter of 2010 and "a big loss for the whole year".
He also noted that Android generated around $97.7 million in revenue in quarter 1 of 2010.
The jury began their deliberations on Monday, and if they cannot come to a unanimous call, then the trial will carry on to its second phase, concerning patents, with the 1st phase on copyright subsequently facing a retrial.
What quantity of cash Google has or hasn't made is an important part of the case because it can often be used to decide how much Oracle can potentially receive in damages if it wins the case although Oracle says that even if Android is making a loss, this shouldn't have any bearing on the case.
Ironically, if Google can show it's not making much money out of Android, then that will mean it has less culpability. From an alternative perspective, that difficult performance might also become a lever by which critics might begin to question why Google is chasing an enterprise that is going nowhere financially.
Figures from Google documents from 2010 exposed earlier in the trial showed clearly that Google anticipated a loss of $113 million in 2010 from Android and that it predicted to have profits of $64 million in 2011 ; $248 million in 2012 ; and $548 in 2013. The great majority or that money will be coming from advertising, with little but growing pc.s also coming from app sales.
Tags: Google SUCKS