SuperiorInvestor Blog » Google

Google And Motorola May Work Together On Android 3.0 Tablet

Darren — Thu, 19 Aug 2010 10:56:34 +0000

Google, Inc. (NASDAQ:GOOG) and Motorola Inc. (NYSE:MOT) may cooperate on a new Android 3.0 tablet, DigiTimes reported.

According to DigiTimes Research, Google and Motorola may collaborate on an Android 3.0 tablet PC.

A cooperation agreement between the two companies may be similar to the G1 smartphone agreement. Under that agreement the firms and their telecom partners will have the rights to label their names on the device, analysts who were familiar with the deal said.

Motorola has been undergoing a surge in increased sales due in large part to its Droid phones.

Google Admits AOL Investment Is Impaired

Darren — Fri, 08 Aug 2008 18:07:38 +0000

Google went for years before facing too much bad news, but their investment in AOL is turning out to be a poor one. The company paid $1 billion for the stake in 2006, but in a recent filing, they’re not so sure it’s still worth that much.

In a deal announced in December 2005 and which closed the following year, Google paid $1 billion in cash for a 5 percent indirect equity stake in AOL.

The deal by the Mountain View, California-based company gave AOL a theoretical valuation of $20 billion at the time.

AOL has been making more money with their online content, but the company is still a large ISP, which hurts them when it comes to expected earnings.

On July 1st of this year, Google received the right to force AOL to be sold on the market, an option they haven’t exercised. Right now, a spinoff or sale of AOL would end up costing Google $500 million.

Google Suprises With 30% Increase In Q1

Darren — Thu, 17 Apr 2008 21:33:25 +0000

People had been selling off Google in the past few weeks, on speculation that the company’s ad program was not performing as well as last year. These people must be surprised today to learn that Google ended up 30% over last year’s earnings.

Google leader Eric Schmidt cooed about the company’s prowess. “It’s clear we are well positioned for 2008 and beyond, regardless of the business environment we are surrounded by,” said Schmidt.

Revenue was $5.19 billion, up 42 percent from 2007′s $3.66 billion. Earnings were $1.31 billion, or $4.12 per share, for the first three months of 2008, compared with $1 billion, or $3.18 per share, in the first quarter of 2007.

Google’s shares immediately rallied almost 18% on the news.