HTC is a Taiwanese company. Sony is a Japanese company. Apple's phones are made in China.
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Google did keep Motorola's Advanced Technology and Projects group which they coveted.
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Google Selling Motorola Mobility to Lenovo for $2.91 Billion
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HTC is a Taiwanese company. Sony is a Japanese company. Apple's phones are made in China.
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Google did keep Motorola's Advanced Technology and Projects group which they coveted.
I wouldn't say highly doubtful. Hell, it's in their best interests to be seriously considering it behind closed doors (and likely are - it's just savvy business sense). Unless Google and Samsung agreed that they weren't allowed to do that in a legally binding agreement (would that stop them anyway, this is Samsung), they probably are.
At the moment, Samsung makes about 50% of Apples profit from double the amount of phones. If the market is levelling off, they've got plenty of room to increase their share. Adding another highly customised OS would differentiate them AND give them a chance of taking the marketshare they've gained for Google elsewhere. It'd also be a HUGE blow for Android.
Actual π/2 is more fitting because that is the same as a 180º change.
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I think Lenovo wants in to the mobile market and for a bargain, they get in and have a new partner in Google. Maybe you'll see a Lenovo Chromebook...
I know. The second point was more about longevity of after sales support rather than where companies are from
Actual π/2 is more fitting because that is the same as a 180º change.
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I think Lenovo wants in to the mobile market and for a bargain, they get in and have a new partner in Google. Maybe you'll see a Lenovo Chromebook...
True. It gives them a fast track into the US market...just like with IBM's PC division.
They bought the company for the patents.
They sold off the STB (set top box) business to Arris about a year ago for ~$2.4 billion. http://gigaom.com/2012/12/19/google-motorola-home-sale-arris/
So between Arris and Lenovo they got about $5 billion back from the purchase.
They get to keep the patent portfolio which is worth some cash in licensing.
Sad that they are selling the business to LEnovo after the whole "made in America" thing.
I refuse to buy a phone made by a company based in China.
China is not our friend. Up until recently I only bought Motorola phones.
Oh, well.
They sold off the STB (set top box) business to Arris about a year ago for ~$2.4 billion. http://gigaom.com/2012/12/19/google-motorola-home-sale-arris/
So between Arris and Lenovo they got about $5 billion back from the purchase.
They get to keep the patent portfolio which is worth some cash in licensing.
Sad that they are selling the business to LEnovo after the whole "made in America" thing.
I refuse to buy a phone made by a company based in China.
China is not our friend. Up until recently I only bought Motorola phones.
Oh, well.
Fun fact: If you include the money Google lost on Motorola's business and lawsuits while they owned the company, they lost approximately $175 per second for the entire two and a half years they owned the company.
Just goes to show that the stock market, at least when it comes to tech companies, makes absolutely no sense. It's a mob that interprets news however it wants, rarely if ever based on any actual performance. A while ago the mob decided that whatever Apple did or said was an excuse to buy more. Now they've decided that whatever Apple does or says is an excuse to sell.
Best quarter in the company's history? Sell! Most iPhones ever sold, and way more of them were the top-of-the-line model than we expected? Terrible news--sell!
Took a $9.5B hit on a company that hemorrhaged money for two and a half years straight? Buy! $3B for internet connected thermostats? Buy! Smart TV product nobody wants and an add-on they never even ship? Great products--buy! Advertising company investing in self-driving cars, military robotics, and diabetic-sensing contact lenses? Buy!
E-retailer that has become the 800-pound gorilla of online commerce by selling just above cost and never, ever making more than a tiny bit of profit? I like those odds--buy!
Based on Google's stock price after the news, they're quite happy about it.
Just goes to show that the stock market, at least when it comes to tech companies, makes absolutely no sense. It's a mob that interprets news however it wants, rarely if ever based on any actual performance. A while ago the mob decided that whatever Apple did or said was an excuse to buy more. Now they've decided that whatever Apple does or says is an excuse to sell.
Best quarter in the company's history? Sell! Most iPhones ever sold, and way more of them were the top-of-the-line model than we expected? Terrible news--sell!
Took a $9.5B hit on a company that hemorrhaged money for two and a half years straight? Buy! $3B for internet connected thermostats? Buy! Smart TV product nobody wants and an add-on they never even ship? Great products--buy! Advertising company investing in self-driving cars, military robotics, and diabetic-sensing contact lenses? Buy!
E-retailer that has become the 800-pound gorilla of online commerce by selling just above cost and never, ever making more than a tiny bit of profit? I like those odds--buy!
They subtract 2.4B from future earnings. So if Google had a profit of $8B next quarter, they would have to pay taxes on $5.6B. Probably around 1/3 of 2.4B for simplicity sake. (this is just a simply example, check their financial on Google finance if you want more realistic numbers)
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If anything Google was afraid of Samsung taking the platform they gave away for free and running away with it
Samsung doesn't have to do anything. They already dominate Android and for other OEM it's an uphill battle trying to create a brand. With Lenovo it'll be no different = its asset valuation and income is tiny compared to Samsung's.
Might've made sense when blackberry was still relevant. They're so far off the radar now that I'm not sure they're a good fit for any relevant company.
I think it just shows that Google isn't really interested in being a hardware company. I suspect Tony Fadell won't stick around too long. He'll go create another startup that someone will overpay for.
I think it just shows that Google isn't really interested in being a hardware company. I suspect Tony Fadell won't stick around too long. He'll go create another startup that someone will overpay for.
That's a very good point, actually.
While I do enjoy playing with Android (I have an original Nexus 7, a Nexus 7 2013 and a Galaxy S4) I will in no way ever purchase a cellphone from a Chinese company - especially where there is control of both the hardware and the software. And before anyone says that Apple's phones are assembled in China, I'm well aware of that. But Apple at least has some oversight on the process and almost certainly would know if the phones contain any suspect code or ICs. Lenovo, on the other hand, will be free to do whatever it chooses to both the hardware and the software. No thanks.
I wonder if this will pass muster with the US gov't, since the buyer is a Chinese company? I know they are not allowed to sell stuff to the US gov't (for obvious reasons)...
Samsung is rumoured to be scaling back Touchwiz and promoting more Google products. Could selling off Motorola Mobility be part of the agreement on Google's end, which they have to fulfill in order for Samsung to promote Google products? They recently joined forces recently in a patent agreement.
This is a shame though. I was just starting to warm up to Google's Motorola. I really like the innovation they were putting into moto x. I guess it's back to the iPhone in 2016.
This is a shame though. I was just starting to warm up to Google's Motorola. I really like the innovation they were putting into moto x. I guess it's back to the iPhone in 2016.
Plus I think Gooogle was were already able to take about $1.7 billion in tax write offs because of purchasing Moto.
But even if the final cost to Google was around $4.2B... if they kept IP rights to ~10,000 patents, then they still made out better per patent than Apple and its partners who spent $4.5B for 6,000 Nortel patents.
That said, I'm glad for Lenovo, but sad for the workers in Texas. I really like the Moto X, too.
A patent stripping exercise perhaps?
Precicely - anyone who jumps to the conclusion that a sophisticated company would take a $10b loss on the same asset is on drugs. All we know is the entity is the same, we dont know what Google stripped out (patents, cash, whatevr), or what additional liabilities are in there.
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I must have missed that - where did they say that?
