Google Net Income Grows 24%, Not Really From Android

Posted: Jul 15 2010, 5:21pm CDT | by , Updated: Aug 12 2010, 12:26am CDT, in News | Mobile Phones

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Google announced its latest quarterly earnings today and posted a net income of 24% higher than the same period last year, but executives didn't call out Android as a particular growth area.
Android was already doing quite well for itself last year at this time, but it hasn't been until lately that they actually started challenging the market for mobile phone dominance.

The New York Times reports that Google CEO Eric Schmidt specifically called out, "More and more traditional brand advertisers embraced search advertising and ... large advertisers increasingly ran integrated campaigns across search, display and mobile."

Schmidt did note that there was "strength" in every major area of the company, but it appears to have been the company's core search-powered units that grew the most.

That's in spite of the fact that Google's search engine has been losing market share, though ever so slightly, to Microsoft's Bing site, which is getting decorated with new features constantly.

With its acquisition of AdMob, Google is also doing well in the mobile search business, which powers ads not only to Android but to several other major phone carriers as well.

To put a number on all of this, Google's second quarter 2010 net income was $1.84 billion, compared to $1.48 billion last year.

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<a href="/latest_stories/all/all/6" rel="author">Mark Raby</a>
Based in New York City, Mark follows the consumer electronics industry like a hawk. A published book author, he has a particular affinity for 3D technology and video games, and as such will surely be in the market for a new pair of glasses soon. Mark can be contacted directly at




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