September 1, 2011
Tim Worstall looks at the strategy behind the acquisition.
“However, this deal to purchase Motorola Mobility might be a coup to beat that hands down. The headline price to purchase the handset-maker and their bundle of patents is $12.5bn but that’s not what the net cost to Google might turn out to be. How about $3.8bn for that? For, along with the company and the patents, Google has also bought a series of tax losses.”
Ken Hess argues that we are not in the post-PC era yet.
“I don’t believe that we’re living in a Post-PC Era. Nor will we in the near future. I don’t know what PCs will look like in 30 years nor do I know if they’ll exist at all. Personal computing will exist. Personal computing devices will exist. But, perhaps that will be the Post-PC Era.”
Casey Johnston reports on the possibly launch.
“Whispers of a Facebook music service have made the rounds before, and many companies have since attempted to enter the market without much success, including Best Buy and RIM. In the meantime, dedicated services like Rdio, Grooveshark, and Spotify have flourished, though few have managed to duplicate the straightforward-sales success of iTunes.”