3 ms·
> 5% of Google More like 0.8% - $3.2B purchase on $375B market cap. Or it is around 10% of annual gross profit, or 6% of their cash reserve of $54B.
by nikcub 13y ago
> 5% of Google
More like 0.8% - $3.2B purchase on $375B market cap. Or it is around 10% of annual gross profit, or 6% of their cash reserve of $54B.
- Pxtl 13y ago... with that in mind, knowing Google's shortcomings? If I were Google, I'd blow a fat wad of those billions and buy Sony. There's a company that would really fill in a lot of Google's gaps - gaming, consumer hardware beyond the cellphone scale, a big library of media properties to integrate into the Play store. A quick Googling puts Sony's market cap at $18B. A big chunk of Google's cash reserves, but imagine how terrified Microsoft would be of Android-powered PS5s.
- uptown 13y ago"imagine how terrified Microsoft would be of Android-powered PS5s" I'm not sure I agree with this. According to this article: http://www.forbes.com/sites/adamhartung/2013/01/20/sell-microsoft-now-game-over-ballmer-loses/ http://www.forbes.com/sites/adamhartung/2013/01/20/sell-micr... "Microsoft makes more than 75% of its profits from Windows and Office. Less than 25% comes from its vaunted servers and tools. And Microsoft makes nothing from its xBox/Kinect entertainment division, while losing vast sums in its on-line division (negative $350M-$750M/quarter)." I realize they're trying to position the XBOX One as your home entertainment hub - but the bigger question is whether there's a future for home gaming consoles at all, or whether that functionality will just be folded into your TV, cast from your mobile devices, or handled by some other connected multi-purpose device.
- Pxtl 13y ago... what's the on-line division? Skydrive and Outlook/Hotmail?
- efbenson 13y agoBing. This is an older article and they are not losing as much money anymore, but Bing has cost MS a lot of money. http://money.cnn.com/2011/09/20/technology/microsoft_bing/ http://money.cnn.com/2011/09/20/technology/microsoft_bing/