Google Targeting $10 Billion Per Year from Mobile Services

Published on: 1st Jan 1970: 1:33am

Google's Chairman and CEO Eric Schmidt has suggested that the company could earn upwards of US$10 billion a year thanks to the Android smartphone operating system that it is promoting. Although the OS is formally independent of Google, most smartphones come pre-loaded with Google supplied extras.

By spreading Android, which is growing at a rate of 160,000 new handset activations per day, the company ensures that its Internet search, maps and other ad-supported services will endure as users shift to mobile devices.

In an interview with the Wall Street Journal, Schmidt asked rhetorically, "If we have a billion people using Android, you think we can't make money from that?"

All it would take, he said, is US$10 per user per year.

At 160,000 activations per day, a target of 1 billion smartphones is almost impossible to achieve, but the fast rising popularity of smartphones suggests that the target could be achieved within three to four years.

On the web: The Wall Street Journal

 

Tags: [google]  [android]  [os]  [target]