Android Contenues to loose money even with $97.7 MILLION In Q1
Rob Houglum LeadLinkMedia.com Friday, May 04, 2012
Google has long been pretty wary about the financials behind its Android mobile OS and info which has appeared over the past week could give us an intimation why : it has been losing money from Day One.
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 jury are endeavoring to work out what kind 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 huge 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 thoughts on Monday, and if they can not come to a unanimous call, then the trial will proceed to its second phase, concerning patents, with the 1st phase on copyright subsequently facing a retrial.
How much money Google has or hasn't made is a very important part of the case as it can be used to decide how much Oracle can probably receive in damages if it wins the case though Oracle says that whether or not Android is making a loss, this should not have any bearing on the case.
Ironically, if Google can show it isn't making much money out of Android, then that will mean it has less liability. On the other hand, that complicated performance might also become a lever by which critics might begin to ask why Google is pursuing an enterprise that is going nowhere financially.
Figures from Google documents from 2010 exposed earlier in the trial showed that Google anticipated a loss of $113 million in 2010 from Android and that it expected to have profits of $64 million in 2011 ; $248 million in 2012 ; and $548 in 2013. The vast majority of that cash will be coming from advertising, with small but growing %s also coming from app sales.
Tags: Google SUCKS