Interesting, Google really really really doesn't want to be in the physical goods business, and yet they are buying robot companies. This is the first time I believe a large 'service' company is struggling with businesses in the "goods" side of the economy, we have seen many companies like IBM who started out all 'goods' and have been moving into all 'services'. Pretty good win for China as well.
"But the smartphone market is super competitive, and to thrive it helps to be all-in when it comes to making mobile devices. It’s why we believe that Motorola will be better served by Lenovo. (...) As a side note, this does not signal a larger shift for our other hardware efforts. The dynamics and maturity of the wearable and home markets, for example, are very different from that of the mobile industry. We’re excited by the opportunities to build amazing new products for users within these emerging ecosystems."
I read it like this: "smartphones are turning into commodities and though they are not as commoditized as PCs yet they're on their way, Lenovo is good at selling commoditized low margin computers already. We're focusing on wearable and robots where the potential for growth is much stronger for us." Just a wild guess.
