If this story is true, Google keeps accrued losses (you can't sell losses with a division). Add cash on hand, the sales of the STB business, and it's pretty far from $13 billion. By some accounting Google would still come out ahead.
But I have trouble believing this story. Given recent initiatives at Motorola, the light seemed to be appearing at the end of the tunnel.
As one aside, Lenova purportedly wanted to bid on Blackberry, but was blocked by the Canadian government for national security reasons.
http://www.forbes.com/sites/timworstall/2012/12/22/did-motor...
If this story is true, Google keeps accrued losses (you can't sell losses with a division). Add cash on hand, the sales of the STB business, and it's pretty far from $13 billion. By some accounting Google would still come out ahead.
But I have trouble believing this story. Given recent initiatives at Motorola, the light seemed to be appearing at the end of the tunnel.
As one aside, Lenova purportedly wanted to bid on Blackberry, but was blocked by the Canadian government for national security reasons.