Friday, July 20, 2012

Google Continues Growth in Second Quarter - NYTimes.com

A multifaceted transition period for Google (and what remains of Motorola Mobility)
"Analysts scrambled to make sense of Google’s earnings report because for the first time it included Motorola, but not full quarterly results for the device maker because the acquisition closed May 22. Motorola lost $233 million on $1.25 billion in revenue during that period — results that analysts called “frightening.”
Patrick Pichette, Google’s chief financial officer, asked investors to give Google time to do its homework on Motorola. The addition of Motorola’s 20,293 employees nearly doubled Google’s head count."
Google Continues Growth in Second Quarter - NYTimes.com
Post a Comment