problem is Google picked up the set-top box business with the closing in May of Google’s acquisition of Motorola Mobility for $9.8 billion,, now they selling 2.05 billion so they loss $7 billion now.. that why stock is down ah
They didn't buy set-top box business for $9.8 billion. What's that about. They bought the entire Motorola Mobility with all their cash and patents and all their business. Revenue of set-top division was only a small potion of the whole thing. And in Google's view -- set-top box is a dying business -- I happen to agree with that.
mobility is not just set-top box business. I think they are doing the right thing. They are just selling a part of the mobility buisness. Maybe the weakest part..since move is toward more online viewing. Just my opinion not based much on any facts.