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Market Overview

Google (GOOG) Puts Emphasis On Mobile Technology

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Google (NASDAQ: GOOG) made its foray into the mobile segment with the launch of its phone, Nexus One.

Talking with CNBC, Google’s Nikesh Arora, President of Global Sales Operations & Business Development, stated that the mobile phone is now a manifestation of what you do on your desktop. Google seems to be capitalizing on the trend of mobile technologies. Mobile ad space is still in the nascent stage.

In 2009, $416 million was spent on mobile ads whereas the figure was at $22.4 billion for online advertisements. Google is enthusiastic about the mobile space.

 

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Posted-In: CNBC Nikesh AroraNews Markets Media

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