The search giant says it acquired the cell phone maker for its patents. It's early yet, but so far the deal is serving as a significant drag on earnings.
Even the most ardent Google (GOOG) bull should be questioning the wisdom of the company's acquisition of Motorola Mobility.
The $64,000 question is this: Do Motorola's patents hold enough long-term strategic and financial value to make it worth the drag on growth?
Let's look at the numbers.
Superior to other laptops and cheaper than the iPad, the device launched this week represents history in the making.
Just as Google (GOOG) was sending investors into paroxysms with the inadvertent release of its latest quarterly financial results on Oct. 18, the company was unveiling the latest Chromebook laptop computer, which will sell for $249. The device represents a technology broadside against chief rivals Microsoft (MSFT) and Apple (AAPL) and the rest of the PC industry. (Microsoft owns and publishes MSN Money.)
This is a very significant threat to Microsoft and Apple and is unwelcome news for Intel (INTC) and Advanced Micro Devices (AMD), the leading suppliers of the microprocessors and chip sets that run most personal computers.
Fortinet and Check Point Software slide on disappointing results, but the sector is in the midst of a boom.
Shares of the cybersecurity firms took a nosedive on Wednesday amid concerns about business spending. Investors, though, can now buy the shares more cheaply, given that the industry is in the midst of a growth phase, analysts say.
The software company puts the cost below what Apple charges for comparable versions of its iPad.
Microsoft (MSFT) has announced how much its Surface RT tablet will cost, and the pricing could prove that CEO Steve Ballmer was right when he said the device would be "competitive" with other tablets. (By which he meant Apple's (AAPL) iPad).
The website TechCrunch today featured a screen shot with pricing details for the ARM (ARMH) processor-based tablet. Microsoft also released pricing details today. (Microsoft publishes MSN Money.)
The 32 GB version will set you back $499. If you want one with the Touch Cover, which doubles as a keyboard, it's an additional $100. The largest Surface RT tablet (64 GB) will cost $699 with the cover. The 64 GB new iPad costs $699 as well.
A combination of Softbank and Sprint will have revenue equal to AT&T and behind only China Mobile and Verizon worldwide.
A year ago AT&T (T) was preparing an antitrust defense of its proposed takeover of T-Mobile USA. Now, after regulators blocked the deal, AT&T is bracing to protect its position in the U.S. wireless industry from new competition.
T-Mobile agreed this month to partner with MetroPCS (PCS) while Japan's Softbank on Sunday announced that it was investing billions for a controlling stake in Sprint Nextel (S), the U.S. mobile industry's No. 3 player.
Softbank's $8 billion infusion into Sprint revitalizes the U.S. company's finances. It also energizes Sprint's competitiveness as an alternative national carrier to industry stalwarts AT&T and Verizon Communications (VZ).
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[BRIEFING.COM] The major averages ended the midweek session with slim gains after showing some intraday volatility in reaction to the release of the latest policy directive from the Federal Open Market Committee. The S&P 500 added 0.1%, while the relative strength among small caps sent the Russell 2000 higher by 0.3%.
Equities spent the first half of the session near their flat lines as participants stuck to the sidelines ahead of the FOMC statement, which conveyed no changes to the ... More
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