Linked by Thom Holwerda on Fri 20th Jul 2012 00:59 UTC
Google "Google today announced financial results for the quarter ended June 30, 2012. 'Google standalone had a strong quarter with 21% year-on-year revenue growth, and we launched a bunch of exciting new products at I/O - in particular the Nexus 7 tablet, which has received rave reviews,' said Larry Page, CEO of Google, 'This quarter is also special because Motorola is now part of the Google family, and we're excited about the potential to build great devices for users.'"
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I think they recognize that fact and are actively looking into diversification (hence Motorola, hence Google Play Music/Movies/etc., hence the Nexus Q, etc.).

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