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 info that has emerged over the last week could give us an intimation why : it's 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 jury are trying to work out what type 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 that the platform produced a loss for each quarter of 2010 and "a enormous loss for the whole year".
He also noted that Android generated around $97.7 million in money in the first quarter of 2010.
The jury started their deliberations on Monday, and if they cannot come to a unanimous call, then the trial will carry on to its second phase, concerning patents, with the 1st phase on copyright afterwards 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 though 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 money out of Android, then that will mean it has less culpability. 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 made public earlier in the trial showed 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 overwhelming majority of that revenue will be coming from advertising, with little but growing %s also coming from app sales.
Tags: Google SUCKS