Google On Track To Rake In $1 Billion This Year From Android

By Matthew Chung on 10/15/2010 03:10 PDT

Google has revealed its third-quarter earnings and has confirmed that it’s on track to bring in $1 billion this year in mobile revenue while expecting continued strong growth in the mobile scene. Considering that it doesn’t take into account what the search engine giant earned from other platforms such as iOS, Windows Mobile, Symbian and BlackBerry, this is some good money, not to mention the continuing growth of Android. Google’s CEO Eric Schmidt also mentioned that Android is much bigger than he could ever have hoped for and can become a hugely profitable business for the company, while also predicting that search on mobile will eventually exceed that of PCs.

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Android Android is mobile operating system from Google. The software was originally built by a company called Android Inc, that was purchased by Google in 2005. From its modest debuts, Android has become a powerhouse that powers not only smartphones and tablet, but a host of other less high-profile devices and gadgets. Although Android is not a community-driven project, Google does release the source code as open-source under the Apache license.

Google Google is an Internet Search company with profits mainly derived from its AdWords advertising program. Google is also known for other high-profile web-related products such as Chrome, GMail, Google Docs or Google Map, and it has also made a very successful entry into the mobile handset market with its Android mobile operating system. The company was created in 1998 and went public in 2004. Google is one of the most visited site in the world.

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