It’s the patents Google has decided to spend $12.5B on; the products are expendable
Some disappointing numbers in Motorola Mobility’s latest earnings report: A loss of $80 million on revenue of $3.4 billion, and mobile device shipments of 10.5 million versus 11.3 million a year ago. Still, few were as grim as these: 200,000 tablets shipped in the fourth quarter and just 1 million shipped for all of 2011. In other words, it took MoMo a full year to ship 1/15th the number of iPads Apple sold in its most recent quarter.
And this is the company that Google has decided to spend $12.5 billion on.