Apple CFO: '$12.5 Billion is a Lot of Money'
Apple's Chief Financial Officer Peter Oppenheimer thinks Google spend 'a lot of money' to acquire Motorola, reports AppleInsider.
Peter Oppenheimer took part this week in a conference call hosted by investment firm Gleacher & Company. When asked about Google's announcement on Monday that it would acquire Motorola, the Apple senior vice president reportedly commented on the sale price by saying: "$12.5 billion is a lot of money."
Google's purchase of Motorola will give the company a whopping 25,000 patents which it desperately needs to defend its Android operating system against Apple, Microsoft, Oracle and others.
Google has publicly accused Apple of organizing a hostile campaign against Android and is trying to encourage the government to regulate the licensing of Novell's former patents.