Microsoft receiving $2 Billion in profit from Android every year
Microsoft’s profit from the smartphone industry should be coming from the Windows Phone platform, or so we thought. Business Insider has obtained information from Nomura analyst Rick Sherlund, who claims that patent royalties on the Android market made by Microsoft brings a massive $2 Billion profit. An estimated 95% of of revenue is in Microsoft’s gain, which is nearly all of the profit earned from Microsoft’s patent royalties.
Sherlund also says that Microsoft is using this massive profit to cover up the loss that was made in the Xbox division to even out the estimated $2 Billion Microsoft loses every year from the Xbox. Although Microsoft’s entertainment division seems to be very profitable for the company, Sherlund claims that’s only due to the free profit made by Android. Microsoft is doing nothing about he Xbox struggle, claims Sherlund – they believe the Android royalties will cover everything up.
You might also like
Late last night, we got a late turkey day present. The CyanogenMod team dropped a new RC for some lucky users. Several new features have been introduced & I will
Wildcard Network Inc., develops digital gift card management solutions. The successful iPhone application is now available on Android with all the same benefits. It allows a person to buy, give, load and even check the balance on a gift card entirely on their Android device. We all know how many people carry plastic rather than cash these days. Well it looks like plastic cards are falling to the wayside now as well.
As a dad with kids who are as fascinated as I am with cool electronic toys, I am always on the lookout for apps that they can play and interact with as an alternative to just using them for gaming. During my morning rounds of the press releases for the day, I came across a presser from Hasbro and Ruckus Mobile Media, talking about how the two are coming together to bring characters from Hasbro like Tonka Chuck, My Little Pony and Transformers Prime to Android devices.