Motorola contributes over $1B to Google, but still a drag overall
Google beat analyst expectations for the second quarter of 2012 and reported a little more than $1 billion in revenue from its new subsidiary Motorola.
Google said that Motorola contributed $1.25 billion in revenue ,or about 10 percent of the company's consolidated revenue, in the second quarter of 2012. The company reported total revenue of $12.21 billion for the quarter. About $843 million of Motorola's revenue came from its mobile business, and another $407 million came from the business unit that builds set-top boxes for the home.
Even though Google beat expectations overall and Motorola contributed … Read more