Android Contenues to loose money even with $97.7 MILLION In Q1
Rob Houglum LeadLinkMedia.com Friday, May 04, 2012
Google has always been pretty wary about the financials behind its Android mobile OS and data that has emerged over the past week could give us an indication why : it's been losing money from The First day.
In the suit 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 given 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 the first quarter of 2010.
The jury commenced their thoughts on Monday, and if they can not come to a unanimous call, then the trial will go on to its second phase, concerning patents, with the first phase on copyright afterwards facing a retrial.
What quantity of cash 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 possibly receive in damages if it wins the case although Oracle says that even if Android is making a loss, this shouldn't have any bearing on the case.
Ironically, if Google can show it's not making much cash out of Android, then that will mean it has less liability. From an alternative perspective, that tough 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 exposed earlier in the trial showed clearly that Google expected a loss of $113 million in 2010 from Android and that it predicted to have profits of $64 million in 2011 ; $248 million in 2012 ; and $548 in 2013. The great majority or that revenue will be coming from advertising, with little but growing percentages also coming from app sales.
Tags: Google SUCKS