Google Sells Handset Business to Lenovo
The Nearly $3 Billion Deal Comes Two Years After Google Bought Motorola for $12.5 Billion
Just received a call from an executive who reminded me of the a presentation I made in 2011. It was to the executive management team on where their industry was going and while the data looked simple, analysis simpler and the model the simplest, the outcome was the disruption. Guess what? It’s all real now. No clairvoyance. Just fundamentals.
This comes as no surprise. Pure play hardware makes no real ROCE and the downstream opportunity is where a company captures and creates ecosystem value. Nokia, RIM, Motorola, the list continues. Whose next? After all marketplaces are eating industries. Check their Cash Conversion Cycle, Inventory turns and GMROI, the rest follows.
WHY MARKETPLACES ARE EATING INDUSTRIES!