Friday, May 4, 2012

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

gavel2.jpgGoogle 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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