Warwick Business School

Lenovo’s Motorola acquistion a good move for all parties

Lenovo’s acquisition of Motorola Mobility from Google looks like it could be a winning move for both firms. On one hand, handsets appeared to be a peripheral business for Google. The firm has its fingers in so many pies, from mobile operating systems to search, wearables, connected cars and robotics. And the Motorola handset business has been bleeding cash since the acquisition – in the past six quarters reporting operating losses totalling $1.455bn.

Apple posts flat profit despite record sales

Despite posting record quarterly revenue of $57.6bn in 1Q14, device maker Apple has worried investors by posting flat profit for the period year on year, seeing a drop in gross margin and revealing it is expecting to generate flat revenues in 2Q14 compared with a year earlier.

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