How long will Google keep burning money on Motorola?

Over the last eight months, losses at Google's Motorola Mobility have accelerated despite three rounds of layoffs that slashed around 6,000 workers. The division is now on pace to bleed $1 billion a year out of the search giant’s bank account. And yet Google's stock topped a record high $1,000 a share today as investors showed renewed confidence in the company's future. The questions raised back in April seem more pertinent than ever: why exactly did Google buy Motorola? We’ve got another quarter of data and a new device to look at, but the answer still isn’t pretty.

via Tech News Headlines - Yahoo! News http://www.theverge.com/2013/10/21/4853808/google-motorola-losses-moto-x