Wednesday, January 23, 2013

Despite Strong Earnings, Google Is Still Stymied by Mobile - NYTimes.com

Concluding paragraphs of a Google snapshot
"In the fourth quarter, Google sold about 1.5 million Nexus phones and tablets, not including those sold by other retailers, according to estimates from JPMorgan, and has had trouble keeping supply up with demand.
Eventually, Google hopes, these various businesses will help it solve the mobile revenue riddle, but analysts say they do not expect it to happen in the near term. “You have your Motorola Android phone, get offered a local deal, go into the merchant, use Google Checkout to pay and get rewards,” said Colin Gillis, an analyst at BGC Partners. “That’s the grand vision and it’s a nice vision, but it’s not happening in March.”"
Despite Strong Earnings, Google Is Still Stymied by Mobile - NYTimes.com
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