Google CEO Larry Page Discusses Firm's Mobile Success

After its quarterly earnings was mistakenly published early (consequently leading to billions of dollars being knocked off its value), Google chief Larry Page spoke about the firm's success in the mobile industry.

Page, who was speaking with a hoarse voice during a conference call with analysts due to his recovery from an unspecified illness, confirmed Google is due to generate over $8 billion from its mobile business in 2012, representing a considerable increase from the $2.5 billion it made last year.

He noted that Google, which is 14 years old, enjoyed its "first $14 billion revenue quarter; not bad for a teenager."

"Today we live in a world of abundance," Page said when explaining how we feel naked without our smartphones. He stressed that he is consistently switching between his Nexus 7 tablet, Nexus smartphone and the newly announced Chromebook. "You should all run out and buy the Nexus 7 tablet for $199."

The aforementioned technology is disruptive, with Google being "super well-placed to take advantage of these disruptions. Why? Because our search query volumes have grown this quarter as measured year over year," he stated. "And we are seeing tremendous innovation in advertising which, I believe, will help us monetize mobile queries more effectively than desktop today. Indeed our mobile monetization per query is already a significant fraction compared to desktop."

As for Google's main money maker in terms of its involvement in the mobile market, its "big bet" on Android has paid off, Page stressed. "Most people thought we were nuts" when it announced its plan for the mobile platform several years ago. There are now more than half a billion Android devices activated, with 1.3 million more activated on a daily basis.

Contact Us for News Tips, Corrections and Feedback

TOPICS
Latest in Big Tech
Nvidia
Nvidia gaming GPUs an afterthought as AI generates mountains of cash — RTX 50-series shortages mentioned, not explained
Apple CEO Tim Cook outside the 5th Avenue Apple Store in NYC.
Apple says it will spend $500 billion in US over next four years as it faces down Trump tariffs
White House 404 page
Data hoarders race to preserve data from rapidly disappearing U.S. federal websites
Pat Gelsinger
Intel CEO Pat Gelsinger visits Elon Musk’s Memphis data center, touts Xeon deployment — praises xAI team for building it “in such a short amount of time”
mini-Jensen Huang Halloween costume
'Jensanity' continues in Taiwan, Mini-Jensen Huang cosplayer sports massive Nvidia GPU for Halloween
Elon Musk talking to another person with guard in the background
Server dealer keeps hitting at Elon Musk for $61 million bill — Wiwynn sues X for unpaid IT infrastructure products
Latest in News
Intel
Ex-Intel CEO Gelsinger warns TSMC's $165B investment will not restore U.S. semiconductor leadership
ReFS in Windows 11 preview build installer
New Windows file system option supports up to 35 petabyte volumes — ReFS appears in latest Insider build
New Windows 11 Game Bar Update
Microsoft updates the Windows Game Bar to be more user friendly with PC Handhelds
Raspberry Pi
Raspberry Pi Pico fightstick randomly mashes buttons for fighting game combos
The world's first color e-paper display over 30-inches
Mass production of 'world's first' color e-paper display over 30-inches begins
RTX 4090 48GB
Blower-style RTX 4090 48GB teardown reveals dual-sided memory configuration — PCB design echoes the RTX 3090
  • Gasek
    I still have to experience the nakedness he is referring to, perhaps I am not holding my devices correctly. So, that statement should have made Google shares rise up?
    Reply
  • house70
    GasekI still have to experience the nakedness he is referring to, perhaps I am not holding my devices correctly. So, that statement should have made Google shares rise up?You just have too many clothes on.
    Reply