Remember when Charles Arthur looked at the numbers based on early court documents and extrapolated that Google may have made 4x off of the iPhone versus Android? Remember when some jumped on it as likely being bullshit? Looks like he wasn’t far off at all.
As you’d expect, Google is still trying to spin this, but the court documents don’t lie. In 2010, Google itself projected making $278.1 million off of Android. Of that, $158.9 million was expected to be on ads versus just $3.8 million from app sales. They were making much more off of the iPhone.
And the overall projections may be high if the horribly off projections Google had for Android Market music sales are any indication. Reports Nilay Patel:
Google was also planning on boosting all these numbers significantly with its music service — Rubin listed “behind on music, video, books” as one of Android’s “lowlights” — and predicted that it would do $738m in music revenue in 2011 and nearly $1.5 billion in 2012. Those numbers have proven to be hugely optimistic…
I’ll say. Google still doesn’t even have a deal with Warner to sell their music. They’ve been trying to get that deal for a full two years now and have failed for a full two years now.
"For the first eight years of our marriage, [Michelle and I] were paying more in student loans than what we were paying for our mortgage. So we know what this is about.
And we were lucky to land good jobs with a steady income. But we only finished paying off our student loans—check this out, all right, I’m the President of the United States—we only finished paying off our student loans about eight years ago."
And we were lucky to land good jobs with a steady income. But we only finished paying off our student loans—check this out, all right, I’m the President of the United States—we only finished paying off our student loans about eight years ago."
— President Obama in North Carolina today on why Congress has to act to prevent interest rates on student loans from doubling (via barackobama)
(via wilwheaton)
Fred Wilson:
I am not writing this in defense of Facebook. They can and will defend themselves. I am wrting this in outrage at Yahoo! I used to care about that company for some reason. No more. They are dead to me. Dead and gone. I hate them now.
I have yet to read anyone not in agreement that Yahoo’s move here is total bullshit. They’ve really, truly (and probably irreversibly) fucked their reputation in the tech community here. That will be fatal.
Just remember this when they’re chopped up and sold for parts in a few years. Or — more poetically — when Facebook buys them just to turn out the lights.
Weapons Free!
"Don’t worry, it’s not a sign of weakness. Arguably it’s a sign of sanity. The biggest startup ideas are terrifying. And not just because they’d be a lot of work. The biggest ideas seem to threaten your identity: you wonder if you’d have enough ambition to carry them through."
— Paul Graham describing why entrepreneurs often shy away from the biggest ideas. (via parislemon)
Yep
(via parislemon)
New in the Obama 2012 store today: iPhone cases, made in the USA. Pick your favorite flavor.
Owned
