Profit vs. Revenue, Google Department

Jolie O’Dell, writing for VentureBeat:

Google has just released the details of its second-quarter earnings: $12.21 billion in total consolidated revenue, around $1.25 billion of which came from Motorola Mobility, now officially owned by Google.

Sounds great, until you realize that despite the $1.25 billion in revenue, Motorola lost $233 million overall for the quarter — almost as much as they lost in all of fiscal 2011 combined. O’Dell doesn’t mention that in her article.

Thursday, 19 July 2012