Google’s Race Toward Mobile – GOOGL

Google (GOOGL) wants to win the race toward mobile, Google executive chairman Eric Schmidt said in a CNBC interview Tuesday

“The entire industry is organized around this mobile transition and who gets there first is going to be both the economic winner and the influence winner,” Schmidt said.

Schmidt, who was ranked Nr. 4 on CNBC’s list of top 25 people who have had the most profound impact on business and finance since 1989, also said that the company is “very well-positioned” to win the mobile battle. He pointed out that Google’s mobile operating system, Android, runs on about 70 or 80 percent of mobile phones.

That’s significant since the OS, which also operates on 60% of all computing devices in circulation according to BI, has only been around for seven years.

“We’ve been working very hard on this,” Schmidt said. “Our mobile ads are doing much, much better.”

Be the first to comment

Leave a Reply

Your email address will not be published.


*