Feeds

Google 'uniquely positioned' for move to mobile internet

Cites $8bn in mobile, content and apps revenues

The next step in data security

Google might have lost billions in stock valuation owing to a printer's mistake early on Thursday morning, but CEO Larry Page was in optimistic mood at the company's scheduled quarterly earning call.

"We've had a really strong quarter and I'm really happy with our business," he told analysts. "Google's been operating for 14 years and we've just cleared our first $14bn quarter – not bad for a teenager."

Despite a drop in income, revenues for the year were up 45 per cent, and the company said that but for currency fluctuations that figure would have been 6 per cent higher. The general weakness of the US dollar hit Google hard this quarter and the company had to spend significantly to hedge for this.

But it was mobile where Page said Google was "uniquely positioned" to succeed. Internet use is going from single screen to multiple screens, he explained, with mobile being the immediate way forward.

Last year Google reported its run rate from mobile advertising was $2.5bn, but this year that figure has risen to $8bn, he said. Admittedly, this new figure includes the revenues from selling content and applications on Google Play, but mobile ad revenues make up the vast bulk of that figure.

When Google launched Android, Page said, he'd been warned that the company was "nuts," but there are now half a billion handsets carrying the OS and 1.3 million new activations a day. This gives Google a real stake in the mobile market, he said, particularly when married to Chrome.

In February Google launched Chrome for Android, with full synchronization to the desktop browser. Page acknowledged the number of Chrome users was limited at the moment (it requires the Ice Cream Sandwich build to run) but he promised use would spread. Presumably this will come from handset replacements rather than porting Chrome to earlier Android versions, but we shall see.

To bring in more revenue, Google is working on an integrated advertising platform that will run on the desktop, mobile and TV. Nikesh Arora, chief business officer, said that advertisers would be able to concentrate on honing their message while Google worked out how to port it for different platforms.

With desktop and the mobile side of things progressing well, Page said that TV would be the next stage. The Google Fiber rollout was going well and Google was planning to kickstart resurgence in US internet speeds and cut prices with its program. YouTube is also going to be central to this.

"YouTube transitioned for me a year ago into something I can watch for hours and be entertained," Page said. "Usage is growing like crazy and that's going to lead to even more monetization."

Page said Google+ was now up to 400 million users (although how many of those are active remains a mystery) and said the company was focused on going forward. In the last year it has dropped 60 products and features and is concentrating on making what's left work together in the best way possible. ®

Bootnote

On Wednesday Larry Page made his first public speaking appearance since June and this was his first earnings call for six months. The line is that he lost his voice for unspecified reasons and he certainly sounded very hoarse on the earnings call.

A gentleman's health is his own concern, but Steve Jobs' passing has focused the mind of many on CEO health issues. El Reg hopes he recovers soon.

Security for virtualized datacentres

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Murdoch to Europe: Inflict MORE PAIN on Google, please
'Platform for piracy' must be punished, or it'll kill us in FIVE YEARS
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Sony says year's losses will be FOUR TIMES DEEPER than thought
Losses of more than $2 BILLION loom over troubled Japanese corp
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Why Oracle CEO Larry Ellison had to go ... Except he hasn't
Silicon Valley's veteran seadog in piratical Putin impression
Big Content Australia just blew a big hole in its credibility
AHEDA's research on average content prices did not expose methodology, so appears less than rigourous
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.