Motorola Mobility is a sinking ship. Lousy products, lousy service. Hopefully Google plans to actually use them for something other than patents. Will the deal even close?That's your opinion. It's not fact. Let's be clear. Different business models is the reality. But keep dreaming your dream LOL
Moto is losing share to AAPL and Samsung, with no discernible way to reverse the slide. The whole thing is looking like a RIM situation.
Google shares slide after Motorola earnings warning
“Shares of Google Inc. fell nearly 4 percent on Monday, after Motorola Mobility Holdings Inc’s warning of worse-than-expected financial results raised concerns about Google’s pending acquisition of the smartphone maker,” Alexei Oreskovic reports for Reuters.
“The $12.5 billion acquisition of Motorola, the largest in Google’s history, is expected to close early this year,” Oreskovic reports. “Motorola’s weak results ‘may suggest further deterioration in the business since the acquisition was announced, and they highlight the uphill battle for Motorola’ in the competitive smartphone market, JP Morgan analyst Doug Anmuth wrote in a note to investors on Sunday.”
Oreskovic reports, “On Friday, Motorola Mobility said its fourth-quarter financial results would miss Wall Street expectations due to tough competition and higher legal costs associated with intellectual property litigation.”
Yeah, exactly: "Let's be clear."