Wow, what a bargain…they only lost about 10 billion.
I’m sure the stock is up, because…Google.
I bet it would take longer to literally flush $9.5 billion in cash down a toilet than it took for Google to do so figuratively on the Motorola acquisition.
Ok, I have to admit: I don’t get it.
3,2bn dollars. BILLION!
I know, the iPod guy is on board and all, but come on…
That being said, there’s another thing I see coming: Nest is gonna tank. Hard.
Why? Because people invited Nest into their homes, not Google. Google has a fundamental problem: People do not trust them, and rightfully so.
It’s a nice payday for the VC’s, and the staff of Nest, but I predict that the staff will be gone from Google as soon as they are allowed to, and that no one will talk about Nest thermostats in a year from now.
…one question: How’s the Open Handset Alliance doing?
Also: I will never buy a car with Android in it…just sayin’.
Daniel Eran Dilger for AppleInsider:
Tech blogs and mainstream media reports in 2013 consistently presented Apple as beset by a series of unsolvable problems, from flagging sales and slipping market share to a generalized lack of innovation. In hindsight, the media was disastrously, egregiously wrong about the horses it chose to back in the technology market this year. Perhaps they’ll do a better job in 2014.
What a great piece of reporting on the facts.
…this from a company that just bought a military contractor building creepily fast robots…
Anyone else thinking Skynet?
The United States Patent and Trademark Office has upheld a key Apple multitouch patent, the so called ‘949 or Steve Jobs patent, which basically patents all multitouch gestures.
I believe that Sony, Nokia, and a few others have taken a license from Apple for using this technology, and they should be ok, but this is a serious setback for Google, Motorola, Samsung, et al, and it appears to be a final ruling.
