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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Member since:

Pretty much zip.

Reply Score: 1

Johann Chua Member since:

And that's relevant because...?

Reply Parent Score: 2

bitwelder Member since:

So what? The entire Google business is centered around advertisement (and search). Everything else is there just to keep the main business growing.

Reply Parent Score: 2

Radio Member since:

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.).

Reply Parent Score: 3

l3v1 Member since:

Pretty much zip.

Well, I don't know, maybe you could find some companies out there, who'd be really happy to see their main line of businness be as profitable as Google's (and still be able to spend on Motorola, and be able to offer some hw at manufact. price, and be able to work on a line of new stuff). I would be.

Reply Parent Score: 3

arpan Member since:

True, but a single source of income also means that Google are vulnerable.

What if after their contract is up, Mozilla decide to go with Bing. What if Apple & Samsung stop using Google as the default search engine. That would have a huge impact on Google's income.

Reply Parent Score: 4