Google reports higher Q1 profits, says Nexus One is making money
After reporting the earnings number, Google held a Q &A session with analysts. When one pencil pusher asked about specific earnings numbers for the Nexus One,Jeff Huber-VP of engineering-replied, "We're not disclosing the specific number ... We are very happy with the device uptake and the kind of impact that it's had across the industry." Has Google changed the way that cellphones are sold? Not likely. But the Nexus One has become one of the leaders of a new breed of Android devices with high-res screens, zippy 1GHz processors and ever higher MB of RAM and ROM. And speaking of Android, Google's open source OS is a monster hit with 60,000 devices activated daily, which works out to 22 million a year. And the latest count shows 38,000 apps in the Android Market. And yet, with all of these positives, the stock has dropped nearly 5% after the numbers were released. This is a good example of "buy on the rumor, sell on the news".
HTC Nexus One Specifications | Review