>>Even with the patents, Motorola Mobility was losing money. Even with both parts, Google will be hard pressed to earn back its investment...

Fair enough... at this point, Machiavelli would issue warnings to Google's loyal device partners. ;-) But Google does seem to be master of the long game. I'm reminded of the Chinese manufacturers who used price to dominate the car battery industry and drive everybody else out, after which prices rose again. In that case, a small pain for some years gave a major long-term benefit. Firms that can demonstrate that discipline can do very well indeed.