Life, the Universe and Everything

parislemon:

Google had a solid quarter, beating most estimates. But this is interesting:

Motorola Operating Loss – GAAP operating loss for Motorola was $233 million ($192 million for the mobile segment and $41 million for the home segment), or -19% of Motorola revenues in the second quarter of 2012. 

In other words, in their first quarter as a Google subsidiary, Motorola managed to lose more money than ever before. For some context, for the entire 2011 fiscal year, Motorola posted a loss of $285 million.

Need I remind you, this is a company that Google paid $12.5 billion for. 

Ouch… I still wonder which strategic importance Motorola has to Google. There must be one, looking at these numbers.