The Unveiling of a Multibillion-Dollar Mobile Opportunity
The following video is part of our "Motley Fool Conversations" series, in which Motley Fool senior technology analyst Eric Bleeker and chief technology officer Jeremy Phillips discuss emerging trends in technology.
In today's edition, the two look at Google finally unveiling what its mobile run rate is. While the company had always talked about the success of Android, it was in vague figures. On the company's last conference call, it finally quantified that opportunity: a $2.5 billion run rate that's growing 2.5 times year-over-year. However, with iOS serving up around 70% of Google's mobile searches, it's more than just Android that's driving mobile adoption.
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At the time this article was published Eric BleekerandJeremy Phillipsown no shares of the companies listed above. The Motley Fool owns shares of Apple and Google.Motley Fool newsletter serviceshave recommended buying shares of Apple and Google; and creating a bull call spread position in Apple. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
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