April 05, 2012 at 16:21 PM EDT
Google’s Page Updates the Situation: 100M Google+ Users
Google (GOOG) CEO Larry Page‘s personal page on Google+ this afternoon offers an update on how the business is going since he took over the top spot about a year ago. Writes Page, “Since becoming CEO again, I’ve pushed hard to increase our velocity, improve our execution, and focus on the big bets that will [...]
Writes Page, “Since becoming CEO again, I’ve pushed hard to increase our velocity, improve our execution, and focus on the big bets that will make a difference in the world.”
“Google is a large company now, but we will achieve more, and do it faster, if we approach life with the passion and soul of a start-up.”
Page notes the company has “closed or combined over 30 products” in the last year and given many products a facelift to make them more clean and consistent.
Among the fun factoids mentioned, Google+ has over 100 million active users, he writes. Over 850,000 Android-based devices are activated on a daily basis, he notes.YouTube has over 800 million monthly users uploading an hour of video every second.
We are excited about the opportunities to build great devices capitalizing on the tremendous success and growth of Android and Motorola’s long history of technological innovation. But it’s important to reiterate that openness and investment by many hardware partners have contributed to Android’s success.
On the question of how does Google make money on the newer stuff, he writes,
Our emerging high-usage products will likely generate significant new revenue streams for Google as well as for our partners, just as search does today. For example, we’re seeing a hugely positive revenue impact from mobile advertising, which grew to a run rate of over $2.5 billion by the third quarter of 2011—two and a half times more than at the same point in 2010.
Google shares today closed down $2.83, or half a percent, at $632.32.
Previously: Google’s Page Sees Company’s ‘Soul’ Intact, Says Bloomberg Biz Week, April 4th, 2012.
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