“Despite announcing a 33 percent sequential quarterly increase in revenues and promoting its Google+ competitor to Facebook, Google’s detailed financial results for Q3 2011 made almost no mention of Android, indicating how little revenue the project actually generates,” Daniel Eran Dilger reports for AppleInsider.
“Google’s $9.72 billion in revenues were generated largely by the company’s own web sites, which reported revenues of $6.74 billion, or 69 percent of its income,” Dilger reports. “‘Network revenues,’ generated through affiliate partners through Google’s AdSense programs, contributed $2.6 billion, or 27 percent of the total. Other income outside of Google.com and AdSense advertising amounted to $385 million.”
Dilger reports, “Nowhere in its quarterly earnings report does Google even mention Android or use the word ‘mobile.'”
Much more in the full article here.