Google has reportedly made $31 billion in revenue from Android

Google has reportedly made $31 billion in revenue from Android

We know that Google doesn't reveal the revenue or profit it makes off of its Android mobile-operating system. However, looks like the well-guarded secret has just been revealed by Oracle. The the database maker’s attorney in an ongoing lawsuit against Google revealed last week that the latter has made a total of $31 billion in revenue and $22 billion in profit from Android till date.

Google said that the figures were derived from its confidential internal financial documents, adding that the "extremely sensitive information" shouldn't have been publicly disclosed as it was meant for "Attorney’s Eyes Only."

"Google does not publicly allocate revenues or profits to Android separate and apart from Google’s general business," the company said in a court filing. "That non-public financial data is highly sensitive, and public disclosure could have significant negative effects on Google’s business."

The Mountain View, California-based company urged the court to edit related portions of the public transcript of last week’s hearing, following which the transcript was removed from electronic court records.

Filed way back in 2010, the lawsuit accuses Google of copyright violation saying that the company used Java APIs in its Android OS without permission. While Google argued that APIs can't be copyrighted, a court in 2014 ruled otherwise. Following this, the search giant took the battle to the Supreme Court, which upheld the lower court's ruling.

The ongoing arguments are now for the damages that Oracle will receive from Google. "Look at the extraordinary magnitude of commerciality here," Oracle's attorney had said last week while disclosing Android's revenue and profit.

New kerosene pump price: IPMAN calls for more licences to marketers

NAN recalled that Petroleum Products Pricing Agency on January 24 in its pricing template increased the price of HHK from N50 to N83.
The PPPRA said the increase was in line with the price modulation announced by the Minister of State for Petroleum, Dr. Ibe Kachikwu

Chinedu Okoronkwo, the President of the Independent Petroleum Marketers Association of Nigeria, has urged the Federal Government to give more licences to marketers to ensure availability of Household Kerosene in the country.
Okoronkwo gave the advice in an interview with the News Agency of Nigeria on Tuesday in Abuja.
He said the new N83 pump price for kerosene was a good development in the right direction.
NAN recalled that Petroleum Products Pricing Agency on January 24 in its pricing template increased the price of HHK from N50 to N83.
The PPPRA said the increase was in line with the price modulation announced by the Minister of State for Petroleum, Dr. Ibe Kachikwu.
Okoronkwo said: “The truth is that this government is showing a level of sincerity.
“We now know how much the product is bought and how much it should be sold.
“IPMAN has seen a level of sincerity and so we commend the effort.”
Okoronkwo, however, stressed the need for government to ensure availability of the products in the benefit of the consumers.
He called on the Department of Petroleum Resources to issue more licences to marketers to enable them to import and circulate the product.
He said government should issue licences to encourage people to build mini refineries.
According to him, this will go a long way to improve on the nation’s economy and bring about development in the oil and gas sector.
Meanwhile, mixed reactions have trailed the new pump price for HHK by some consumers and retailers.
Some consumers who spoke to NAN said it was a good development while others said that it would inflict more hardship on the poor masses.
Agnes Idema, a trader, said kerosene was being sold at N120 even when the official pump price was N50, expressing fears that it would go higher.
Idema said: “Right now, I buy kerosene at N120 per litre from sellers who spend days at NNPC fuel stations to get the product for N50.
“I hope it will not make it more expensive.”
Idema called on government to ensure the availability of the product so that people can buy at the official price from all fuel stations.
Martins Chukwu a civil servant, said the plan by government to modulate the price of kerosene was commendable.
Chukwu said: “I think what government has done is to remove subsidy paid on HHK.
“This will save some money for the government.”
Amina Yusuf, a widow, said: “If the price is N83 and I find it to buy, that will be very good.
“Right now, I use soar dust to cook.
“It is cheaper for me because I cannot afford to buy kerosene.”
Yusuf called on the government to ensure that its policy does not inflict more suffering on ordinary Nigerians.

Oil rises above $30 on hopes of deal to tackle glut

The Organisation of the Petroleum Exporting Countries is making renewed calls for rival producers to cut supply alongside its members.

Russia, seen as key to any deal, has so far refused to cooperate

Oil rose further above $30 a barrel on Tuesday on hopes that the Organisation of Petroleum Exporting Countries and non-OPEC producers may reach deal to tackle one of the biggest supply gluts in decades.
The Organisation of the Petroleum Exporting Countries is making renewed calls for rival producers to cut supply alongside its members.
Russia, seen as key to any deal, has so far refused to cooperate.
Iraq’s oil minister said on Tuesday he saw some flexibility for a deal between OPEC and non-OPEC.
Brent crude rose 17 cents to $30.67 a barrel.
US crude was up seven cents at $30.41.
“Without a production agreement, fundamentals point to lower numbers,” said David Hufton of oil brokers PVM. “With one, oil becomes a 40-to-60 dollars-a-barrel market.”

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