Apple CFO: '$12.5 Billion is a Lot of Money'

Posted August 17, 2011 at 10:38pm by iClarified | Please help us and submit a translation by clicking here | 7508 views

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.

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Comments (5)

chilli - August 18, 2011 at 11:01am

father of paul potts? http://img.dailymail.co.uk/i/pix/2007/08_02/2PaulPottsRTN_468x477.jpg

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Google and motorola killer combo - August 18, 2011 at 9:24am

Google and motorola is a killer combo! If you think of it they are adding another entire company to android platform! Now if google aquires Microsofts mobile market it might be a rough competition. It will be multiple companies against apple. Possibly apple could wi does seem likely since many iPhone lovers! But also unlikely due to restrictions and variety of phones in Android cellular Platforms! IT'S A MASSIVE SHOW DOWN WE ALL WANT TO SEE!

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Winski - August 18, 2011 at 4:28am

So let's make sure we're on the same playing field here... Yup, $ 12.5 BILLION is a lot of money... BUT.. IF you want to put that in perspective in terms of Apple, reports say that they just up'd their order for iPhone's for the rest of the year to 56 MILLION units... Let's say if the BOM "cost " of the iPhone is $325, then the value of that order alone is over $ 18 BILLION... so everything is relative....

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TAUQEER MAZHAR - August 17, 2011 at 11:52pm

Google should name it as Google Motorola

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John - August 17, 2011 at 11:20pm

"Hostile campaign"?

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