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Android Lost Money Every Quarter In 2010, Made $97.7M In Q1

Friday, May 4, 2012 13:42
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In SoMeIT (Social Media Information Technology), we are fully dedicated to satisfying all of your web needs, integrating your business to social networks.

Google has always been pretty cagey about the financials behind its Android mobile OS — and data that has emerged over the last week could give us an indication why: it’s been losing money from day one.

In the lawsuit 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 kind of damages might be awarded to Oracle. That case took a turn for the specific yesterday, when Judge William Alsup (as reported by Reuters) read out excerpts of Google documents that determined that the platform produced a net loss for every quarter of 2010 — and “a big loss for the whole year”.

source: http://feedproxy.google.com/~r/Techcrunch/~3/NzKBcJhdK5g/

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