Tag: google

Android revenues have brought $31 billion to Google

According to recent reports, the tech giant’s profits from that amount were about $22 billion.

An attorney for Oracle has recently released a figure that has shown that Android revenues for Google since its original launch have been an estimated $31 billion, with $22 billion of that amount consisting of profit.

The figures were released by the lawyer as a part of the lawsuit Oracle has filed against Google.

The report on this issue was originally made by Bloomberg. It stated that within the lawsuit, it is claimed that Google has been using the Java software from Oracle in order to generate its mobile operating system and that it has been generating these Android revenues without having paid for the use of the Java software in the first place. The figures quoted by the lawyer had to do with the earnings that had been generated from a range of different mobile services and products.

The Android revenues included everything from app purchases to ads running on the operating system.

Android Revenues Bring Google BillionsThe figures shared by Oracle were based on internal financial documents from Google and included the earnings from app purchases within the Play store and Google supplied ads that were run on the mobile OS. Google was quite displeased with the fact that Oracle had obtained and openly shared those figures that were meant to remain internal.

Google expressed its displeasure in the form of a request that it made for a redacting of the figures from the public transcript of the case. It said that “Google does not publicly allocate revenues or profits to Android separate and apart from Google’s general business.” The request went on to say that “That non-public financial data is highly sensitive, and public disclosure could have significant negative effects on Google’s business.”

As of the writing of this article, the decision as to whether or not the Android revenues and profits would be redacted from the case’s public transcript had not yet been laid down. It is not yet known whether the figures will be allowed to remain or whether they will indeed be blocked from the public eye. What is known is that the media has already taken hold of the figures published by Bloomberg.

The U.K. mobile payments has Barclays leading Google

The financial institution has recently released an update for its Android application which supports NFC technology.

Barclays recently updated its Android mobile payments app in order to allow it to be able to complete contactless transactions through the use of NFC technology, for those whose devices support that tech.

This service will be available to customers with both the Barclaycard credit card and its mobile app.

This same mobile payments service update will not apply to the Barclays Mobile Banking app. The new service supporting near field communication (NFC technology) will make it possible for consumers to make purchases of up to £30 at participating locations. These contactless transactions are made without needing to enter a PIN or even having to open the mobile app. When Apple Pay launched in the United Kingdom, Barclays did not support the service and became the target of considerable criticism.

This launch of its own NFC based mobile payments service helps to explain the move from Barclays.

UK Mobile Payments - Barclays Leads GoogleIt appears as though the financial institution is working on taking its own solid stance when it comes to supporting smartphone based transactions. It will be interesting to see how things play out when Google brings Android Pay to the United Kingdom, as that service – which also uses NFC technology – has not yet been rolled out in the country. So far, many in the industry believe it will take Google more time before it will be ready for that launch.

Through the use of the updated Barclaycard mobile app, all users need to do to take advantage of the service is to enable the NFC technology on their smartphones. When it comes time to pay for a purchase at a point of sale counter with a contactless reader, users need only tap their devices against the reader to complete the transaction.

The mobile payments app operates in the background. This is meant to make the process much simpler for consumers because they will neither need to launch the app nor enter a PIN in order to make a small purchase. Certain retailers will allow larger purchases, as high as £100, to be completed without the use of a PIN.