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 cagey about the financials behind its Android mobile OS and information which has appeared over the past week could give us a hint why : it has 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 trying to work out what sort of damages might be awarded to Oracle. That case took a turn for the particular yesterday, when Judge William Alsup ( as reported by Reuters ) read out excerpts of Google documents that determined the platform produced a net loss for every quarter of 2010 and "a big loss for the whole year".
He also noted that Android generated around $97.7 million in money in quarter 1 of 2010.
The jury started 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 first phase on copyright subsequently facing a retrial.
How much money Google has or has not made is an important part of the case as it may be used to decide how much Oracle can probably receive in damages if it wins the case although Oracle contends that even if 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 may mean it has less culpability. Alternatively, that difficult 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 proved that Google predicted 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 overwhelming majority of that revenue will be coming from advertising, with small but growing percentages also coming from app sales.
Tags: Google SUCKS