subject: Google reports higher Q1 profits, says Nexus One is to make money [print this page] On Thursday, Google announced that the company earned nearly $2 billion, or $6.06 share in the first quarter, compared with $1,420,000,000, or $4.49 per share last year. Part of the profit can be attributed to the Nexus One. And no official numbers were released, and most so-called experts, believing that the handset has not been selling expectations, Google made the following statement: This is good business for us We are here for business
be a profitable business from the get- him. In contrast to other handsets, N-One you can not find in stores, to test or experiment z. handset can be ordered only through Googles website in the U.S., 3G services available from T-Mobile is expected soon to Verizon CDMA network to offer customers a variant of the model.
After the Google earnings call conducted a Q A session with analysts. When the color pusher specific question about earnings numbers Nexus One, Jeff Huber, vice president of engineering, said: We are not disclosing specific number We are very pleased with
use the device and the type of impact that this is not the whole
industry. Is Google changed the way that mobile phones are sold? Unlikely. But Nexus One has become one of the leaders of the new generation of Android devices with high-resolution screen, zippy processors 1 GHz and higher and higher RAM and ROM. Speaking of Android, Googles open source OS is a monster hit with the 60,000 activated equipment per day, which works out to 22 million annually. The latest count shows 38,000 applications in the Android Market. And yet, for all those positives, the time has fallen almost 5% after the numbers were issued. This is a good example of buy the rumor, sell on the news.
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Google reports higher Q1 profits, says Nexus One is to make money
