Google's Android Generates $31 Billion Revenue, Oracle Says
Google Inc.’s Android operating system has produced income of $31 billion and $22 billion in profit, an attorney for Oracle Corp. mentioned in court while revealing figures Google claims should not have been made general public.
An research of the search engine giant’s strongly used financial facts was revealed Jan. 14 by an Oracle lawyer in the repository maker’s lawsuit accusing Google of utilizing its Java software without having to pay for it to develop Android. Google noted in a court filing that the lawyer created her report on information produced by its private internal financial documents.
“Look at the extraordinary magnitude of commerciality here,” the Oracle attorney, Annette Hurst, said a federal magistrate judge as she talked about Android revenue and profit, that have not ever been publicly disclosed.
“Google does not publicly allocate revenues or profits to Android separate and apart from Google’s general business,” the company said in the filing. “That non-public financial data is highly sensitive, and public disclosure could have significant negative effects on Google’s business.”
“The margin isn’t that much of a surprise,” said James Cakmak, an analyst at Monness Crespi Hardt & Co.
“It provides a framework on how to think about the monetization prospects on mobile for Google,” he included. “It makes Android much more tangible.” He has a purchase score on the stock.
The case is Oracle America Inc. v. Google Inc., 10-cv-03561, U.S. District Court, Northern District of California (San Francisco).
Source: bloomberg
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its a great income!
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