Google hopes to make $10 billion per year thanks to Android
By Florin on 29 Jul 10At 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?
If you liked the post, you might find these interesting too:
- Google and Baidu to fight over China’s mobile search market
- Google Maps 4.0 for BlackBerry features Google Buzz, Search by Voice, and more
- Nokia borrows €500 million from EIB for investing in software research, development
- Google Maps 4.1 with Search by Voice for Symbian S60 and Windows Mobile
- Google now activates 350,000 Android devices daily. 3 billion Android apps installed around the world
« Motorola Droid 2 User Manual confirms Android 2.2 Froyo?New BlackBerry Bold 9780 with OS 6 caught on video »