This is basically confirmation that googles inflated P/E is beyond absurd. Secondary source of revenue or not, mobile is the future, and google has saturated the world mobile market with android, yet still makes a tiny fraction of what iOS makes, thus leaving very, very little room for any sort of meaningful growth. But maybe those balloons will pay off one day. /heavy sarcasm
google sure is good at playing the game though, and greasing the right palms, I'm sure. Almost no coverage of this today in the media. And the wall street journal laughingly posts a story titled "Insight Into Google's Mobile Strength." What a joke.
Google spent $12.5 billion on Motorola Mobility in mid-2012. They sold off the non-phone parts for $2.35 billion later in 2012, then the phone parts to Lenovo in early 2014 for $2.91 billion. That's a $7.24 billion loss right there. Is that somehow not banked to/against Android?
That's a hardware acquisition. Android is software.
Speaking of patents, after Google bought MM and while Google was saying that they don't initiate patent lawsuits, MM (as part of Google) sued Apple. I found it really odd at the time that the media made a big deal of Motorola Mobility suing Apple, but never mentioned that Motorola Mobility was owned by Google.
Incorrect. Ongoing litigation continued but no new lawsuits were litigated under Google's watch.
And I hope he does! DDG is shite, but I use it. Adblock browser is glitchy, but I use it. Bing needs help, but I'm happy for Goog to present a better user experience before I bother with all those ads again.
Oh the irony of you making such a statement (considering how much you "forgot" in your useless post above about Oracle/Google/Java).
Hey, thanks for the fact-filled rebuttal. It's plain you spent significant some time researching your counter-points.
You know exactly what I'm asking about, so stop playing dumb. Your posts are always lies (half truths) where you either intentionally leave out a key piece of information, or slightly alter wording to change the meaning. It's been your MO since I joined AI.
My post isn't about discussing facts - it's just making fun of your poor attempts at trolling.
So Oracle finally exposes Google's revenue stream from Android as an essentially meaningless source of profits.
As computing moves off the desktop and laptop to pockets and purses, Google is in trouble.
I have been convinced that Apple will be pulling the plug on Google search on iOS. Once it happens, Google will lose a substantial source of its advertising profits.
Google will be heavily penalized with the Oracle lawsuit. And it won't be coming form the courtroom. It will come once the investors realize that Google's profits are under very serious threat.
Quantum computing, artificial intelligence and self driving cars are all a smokescreen. The company is in trouble.
Oh the irony of you making such a statement (considering how much you "forgot" in your useless post above about Oracle/Google/Java).
Hey, thanks for the fact-filled rebuttal. It's plain you spent significant some time researching your counter-points.
You know exactly what I'm asking about, so stop playing dumb. Your posts are always lies (half truths) where you either intentionally leave out a key piece of information, or slightly alter wording to change the meaning. It's been your MO since I joined AI.
My post isn't about discussing facts - it's just making fun of your poor attempts at trolling.
Trolling? As in purposefully insulting other members hoping to get an angry emotional reaction instead of conversing? That kind of trolling? Perhaps you don't really know what trolling is. If you have just three minutes...
As in your dozens of previous ad-hom posts where you've accused me of lying you fail yet again to point them out. Why is that?
Google spent $12.5 billion on Motorola Mobility in mid-2012. They sold off the non-phone parts for $2.35 billion later in 2012, then the phone parts to Lenovo in early 2014 for $2.91 billion. That's a $7.24 billion loss right there. Is that somehow not banked to/against Android?
You forgot the cash, the tax benefits and the patents
Google spent $12.5 billion on Motorola Mobility in mid-2012. They sold off the non-phone parts for $2.35 billion later in 2012, then the phone parts to Lenovo in early 2014 for $2.91 billion. That's a $7.24 billion loss right there. Is that somehow not banked to/against Android?
You forgot the cash, the tax benefits and the patents
Come on, they've been accounted, it's a god damn loss. The patents are not being used to generate any income that covers on bit of this.
Websites are fighting ad-blockers like never before. I dislike Forbes but since I use AdBlock I can't get in to read anything without disabling it. Unfortunately Google will continue to receive ad income as long as websites continue to fight back. I've tried using AdBlock's bypass mechanism but haven't been able to get it to work on the Forbes site. I see more of these electronic magazines going back to the legacy subscription process to stay afloat. People are used to getting information for free (even if that information is tainted or flat out lies), don't like advertisements (I treat them the same as junk mail, which immediately goes into recycling), and are unwilling (for the most part) to pay for anything anymore. Maybe this revolution (ad-blocking) will get rid of a lot of the junk news sites, cleaning up the web so we might be able to actually trust some of what's being reported. I know, wishful thinking.
This is EXACTLY where Apple comes in.
Despicable sites like Forbes can strong arm mobile users now because very few use AdBlock on mobile. But if Apple makes Ad-block a default there is no way on earth Forbes can block Adblock users. There would be too many of them. Any site that requires AdBlock to be turned off, no longer gets my eyes.
The key is Apple needs to make Adblock default. At that point websites won't be able to strong arm us and force us to be open to ads and spyware.
I'm not sure how ultimately defeating ads will solve anything. If there is no commerce generated from reading an article, the articles will go away. I run adblock too, but someone has to make some money or it goes away.
Google spent $12.5 billion on Motorola Mobility in mid-2012. They sold off the non-phone parts for $2.35 billion later in 2012, then the phone parts to Lenovo in early 2014 for $2.91 billion. That's a $7.24 billion loss right there. Is that somehow not banked to/against Android?
You forgot the cash, the tax benefits and the patents
You cant count the cash. Sure Moto had $3 billion in cash but they also had $3 billion in liabilities and debt.
Tax benefits only go so far. And much of those tax breaks were probably transferred to Levono when they bought Moto from Google.
Google has already wrote off $2 billion of the patents and is scheduled to write off another $3 billion in the next 4 years. They are worthless and no where close to the $8 billion they thought they were worth.
Worthless as the $2B+ Apple paid towards the Nortel patents, approximately three times more than patent professionals thought they were worth at the time? I think Apple reportedly got back a little over $300M when they were sold last year. If the ones Apple kept for themselves is worth the difference (go back and see if you ever commented on it) why would you think the Moto patents would have no value? Agree totally that at one point Apple Microsoft and Google all put too much value on the patents they were rushing to buy, but going so far as to proclaim them worthless? Hardly IMHO. Simply avoiding a few patent lawsuits because they have IP of their own to assert infringed could be worth a $B or even more.
The majority of the 30% revenue they make from mobile search is from iOS devices. It is estimated that 75% of the mobile revenue for Google comes from iOS devices. In a few years mobile ads will overtake desktop ad dollars. In other words Google is 90% dependent on iOS mobile revenue to grow their business.
30% x 75% = 90% ?
You really shouldn't mix up actually proportions of real world revenues and market share with guesstimates.
Despicable sites like Forbes can strong arm mobile users now because very few use AdBlock on mobile. But if Apple makes Ad-block a default there is no way on earth Forbes can block Adblock users. There would be too many of them. Any site that requires AdBlock to be turned off, no longer gets my eyes.
The key is Apple needs to make Adblock default. At that point websites won't be able to strong arm us and force us to be open to ads and spyware.
I'm not sure how ultimately defeating ads will solve anything. If there is no commerce generated from reading an article, the articles will go away. I run adblock too, but someone has to make some money or it goes away.
Adblock only blocks non-native ads that use trackers and spyware.
FACT: Android sales have been going down -> Wrong FACT: Desktop search has been decreasing 5-15% each year for a decade -> Wrong, revenue has been increasing since 2005 FACT: iOS mobile revenue makes up the bulk of Google's online advertising -> Wrong if you can't provide any source for that
As I said, you're just a parody, you don't have any fact right and your constant bashing of Cook is just a trollish thing, well, all of your posts are just trollish
Yes, Android sales will be flat or maybe slightly up this year. But the Android phones with Google services in them will go down, because all the growth is coming from markets like China that do not use Google services in their Android phones = no revenue for Google.
My point remains. Android revenue is slowing down and is small for Google. Desktop revenue is shrinking every quarter and more and more rapidly. The 75% of Google's mobile revenue comes from iOS devices. So 90% of Google's growth will come from iOS ads. If Apple disconnects the plug Google is friken screwed.
So who's the parody now?
You can put the size of the letters the bigger you want, it won't make the claim made a reality
Show the numbers or shut off.
And yes, you're the parody of a poor troll, you're not even funny with the stupidity you write against Cook.
I'm not sure how ultimately defeating ads will solve anything. If there is no commerce generated from reading an article, the articles will go away. I run adblock too, but someone has to make some money or it goes away.
Adblock only blocks non-native ads that use trackers and spyware.
it is impossible to block native ads that dont use spyware scripts. Those are the kind of ads i want websites to use. Appleinsider uses a mix of native and non-native ads. Of course native ads are less lucritive for the site but they still generate revenue.
You can still hide native ads. They still get downloaded, but you don't have to render them.
Comments
google sure is good at playing the game though, and greasing the right palms, I'm sure. Almost no coverage of this today in the media. And the wall street journal laughingly posts a story titled "Insight Into Google's Mobile Strength." What a joke.
It's ridiculous that the comments section has more info than the article.
In any case, thanks!
You know exactly what I'm asking about, so stop playing dumb. Your posts are always lies (half truths) where you either intentionally leave out a key piece of information, or slightly alter wording to change the meaning. It's been your MO since I joined AI.
My post isn't about discussing facts - it's just making fun of your poor attempts at trolling.
As computing moves off the desktop and laptop to pockets and purses, Google is in trouble.
I have been convinced that Apple will be pulling the plug on Google search on iOS. Once it happens, Google will lose a substantial source of its advertising profits.
Google will be heavily penalized with the Oracle lawsuit. And it won't be coming form the courtroom. It will come once the investors realize that Google's profits are under very serious threat.
Quantum computing, artificial intelligence and self driving cars are all a smokescreen. The company is in trouble.
As in your dozens of previous ad-hom posts where you've accused me of lying you fail yet again to point them out. Why is that?
You really shouldn't mix up actually proportions of real world revenues and market share with guesstimates.
Show the numbers or shut off.
And yes, you're the parody of a poor troll, you're not even funny with the stupidity you write against Cook.