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Re: tutankhamen post# 49527

Thursday, 01/30/2014 2:26:30 PM

Thursday, January 30, 2014 2:26:30 PM

Post# of 68424
No offense, but Google did NOT take a loss on the sale of Motorola. It's not just a buy of the assets at $12.5B and a sale today for $2.91B.
See below:

Google paid $12.50B
Google received
Cash from MOT $ 2.90B
MOT Patents (value) $ 5.50B
MOT Home sale $ 2.35B
MOT Mobility sale $ 2.91B
-----------------------------------
TOTAL Received $13.66B

Google's 'ballpark' profit = $1.16B. By no means a windfall, but certainly NOT the massive loss everyone keeps claiming it to be.