We’re hearing that the official announcement could very well be this week, as Jimmy and Dre may be on the stage for WWDC, BUT instead of $3.2B, it may be only $3B, and the loss of $200M could be coming from Dre ‘freaking Apple out’, and Apple looking into the actual subscription base of Beats Music app, which is lower than expected(at least what Apple expected).
Google Sells Motorola For $3 Billion, Could Mean How Many Jobs Lost?!
Google is getting rid of bad assets in this sale, as Motorola lost a Billion in this past year, which is a 34% slump for the manufacturer(They are doing what Blackberry should have done). Back in 2011, Google promised $12.5 Billion to Motorola which included not only the devices, but their patents. The price Lenovo is paying is $2.91 Billion, MUCH lower than what google was supposed to pay, but allegedly Google is holding on to a good bit of the patents, and some ‘other intellectual property’.
