Thursday, July 14, 2011

Google’s Page: 10M Google+ Users; New Products Will Be Monetized (GOOG)

From Tech Trader Daily:
Following much better-than-expected revenue and earnings in its Q2 report this afternoon, Google (GOOG) held a conference call with analysts to discuss the results and its outlook.

CEO Larry Page kicked off the call by saying Google has signed up over 10 million users for its “Google+” social networking service, and now has over 160 million users of its “Chrome” Web browser.
The company is seeing 550,000 activations per day of smartphones based on its “Android” operating system, it said.

Regarding how to make money on all of that, Page remarked, “Now people rightly ask, how will we monetize these businesses?”...MORE