Google posts strong Q2 earnings growth, with mobile a big earner
Android’s not just the biggest mobile platform out there; it’s also one that’s showing some noteworthy growth. Even in the US, where Android faces staunch competition from Apple, the platform’s been picking up lots of new users, with its market share rising some three percent over the last quarter. As a result, it should be no surprise that Google’s doing quite well for itself, and today the company discloses its latest financial figures, reporting nearly $18 billion in revenues, representing 11 percent growth since last year.
Most relevant to our interests are the extent to which mobile operations factor in to that total, and Google specifically emphasizes mobile search growth as key to its success.
While Google’s report doesn’t break things down to the level we might like, we can see signs of growth in other mobile-related areas, as well, like hardware: the company’s business interests that include its Nexus program saw revenue growth up 11 percent from last year, and three percent from the first quarter of 2015. We can’t say with any certainty how much of that is directly due to Nexus sales, but they’re clearly part of a winning team there. That’s important, especially considering the slump we heard about last quarter.