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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Well, advertising is also kinda big in music (~radio model) or films (similarly) ;)

And as for Motorola... I don't know, I'm not sure if buying a stumbling (for the past few years) phone maker is the best thing to do when wishing to diversify. Probably Google also had (at least largely) in mind the Moto patent chest, and/or they were forced a bit (remember how, a year ago and about a week before the Google+Moto announcement, Motorola CEO said they can go with patents after other Android makers, and adopt WinPhone?)

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