Buy high, sell low. Way to take care of the shareholder's money, Google!
This also goes to show that Google's only interest in Moto was that they thought they could weaponize standards essential patents. Once the various judges told them to buzz off, they finally gave up.
Total wasted shareholder money: $15 billion+ when you count the two years of covering Moto's losses, the failed lawsuits, and the discount they gave Lenovo.
The dislikefor google still is strong here I see .
Actually with the tax dedictions, patents and now this money :
http://dealbook.nytimes.com/2014/01...nal-motorola-deal/?_php=true&_type=blogs&_r=0
"Not so fast.
Breaking down the admittedly messy math shows that Google didnt exactly lose nearly $10 billion on the deal. Here are some back of the envelope calculations.
When Google bought Motorola, the hardware maker had about $3 billion in cash on hand and nearly $1 billion in tax credits. So that brings the original deals effective price down to about $8.5 billion.
Then, Google sold Motorolas set-top box business to Arris for nearly $2.4 billion. That lowers the effective price to roughly $6.1 billion.
Now, Google is selling Motorola Mobility primarily the handset business, along with a few patents for $2.9 billion. So were at about $3.2 billion.
Its worth noting a few more things. In a regulatory filing in 2012, Google disclosed that it valued Motorolas overall patents and developed technology at about $5.5 billion."
But do go on dislikingone company above another for absolutetly no reason that makes any sense.
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A company that makes money from selling actual hardware befuddles those who are used to a "ad-based" business model. The Google boys were in over their heads and lacked the expertise/knowledge to manage it. Their shot-gun approach to buying and selling businesses screams lack of vision!!! Sounds to me like a fortune teller would clean-up with Eric Schmidt.
Always funny people with absolutly no clue what they are talking about.
And worse they can google it and be informed in a minute, oh the irony .
http://dealbook.nytimes.com/2014/01...nal-motorola-deal/?_php=true&_type=blogs&_r=0
Not so fast.
Breaking down the admittedly messy math shows that Google didnt exactly lose nearly $10 billion on the deal. Here are some back of the envelope calculations.
When Google bought Motorola, the hardware maker had about $3 billion in cash on hand and nearly $1 billion in tax credits. So that brings the original deals effective price down to about $8.5 billion.
Then, Google sold Motorolas set-top box business to Arris for nearly $2.4 billion. That lowers the effective price to roughly $6.1 billion.
Now, Google is selling Motorola Mobility primarily the handset business, along with a few patents for $2.9 billion. So were at about $3.2 billion.
Its worth noting a few more things. In a regulatory filing in 2012, Google disclosed that it valued Motorolas overall patents and developed technology at about $5.5 billion.