Google hopes to make $10 billion per year thanks to Android
7/30/2010 04:08:00 PM
kenmouse
, Posted in
At the moment, Google may not make too much money from Android, but the Mountain View-based company seems to have big plans for the near future.
Talking to The Wall Street Journal, Google’s CEO Eric Schmidt said that the company “is positioning itself to earn $10 billion or more per year in the mobile device business.”
Schmidt says that this would be possible with 1 billion people using Android phones. Money won’t come from Android itself (the OS is free and open source, as you probably already know), but from preinstalled services that are ad-supported (Web search, maps and so on).
At the moment, Google activates around 160,000 Android devices daily – that’s 4.8 million per month, or 57 million per year, so there’s still a very long way until there will be 1 billion Android users around the world. If ever.
Sure enough, Google could make only a few billions per year from Android and it would still be happy. Wouldn’t you?
Talking to The Wall Street Journal, Google’s CEO Eric Schmidt said that the company “is positioning itself to earn $10 billion or more per year in the mobile device business.”
Schmidt says that this would be possible with 1 billion people using Android phones. Money won’t come from Android itself (the OS is free and open source, as you probably already know), but from preinstalled services that are ad-supported (Web search, maps and so on).
At the moment, Google activates around 160,000 Android devices daily – that’s 4.8 million per month, or 57 million per year, so there’s still a very long way until there will be 1 billion Android users around the world. If ever.
Sure enough, Google could make only a few billions per year from Android and it would still be happy. Wouldn’t you?
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