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 info that has appeared over the last week could give us an intimation why : it's been losing money from The First day.
In the legal action 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 endeavoring to work out what type of damages might be awarded to Oracle. That case took a turn for the specific yesterday, when Judge William Alsup ( as reported by Reuters ) read out excerpts of Google documents that determined that the platform produced a net loss for each quarter of 2010 and "a big loss for the entire year".
He also noted that Android generated around $97.7 million in cash in quarter 1 of 2010.
The jury began their thoughts on Monday, and if they can't come to a unanimous call, then the trial will carry on to its 2nd phase, concerning patents, with the first phase on copyright afterwards facing a retrial.
What quantity of money Google has or hasn't made is a crucial part of the case as it can be used to decide how much Oracle can possibly receive in damages if it wins the case although Oracle contends that whether or not Android is making a loss, this should not have any bearing on the case.
Ironically, if Google can show it is not making much money out of Android, then that can mean it has less culpability. Alternatively, that complicated 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 made public earlier in the trial showed clearly that Google anticipated a loss of $113 million in 2010 from Android and that it anticipated to have profits of $64 million in 2011 ; $248 million in 2012 ; and $548 in 2013. The great majority or that cash will be coming from advertising, with small but growing pc.s also coming from app sales.
Tags: Google SUCKS