Google Chief Executive Larry Page, speaking with a hoarse voice during a conference call with analysts, said the company is on track to generate over $8 billion from its mobile business this year. That's a huge increase from the prior annual run rate of $2.5 billion.
But that number is a little misleading. Chief Financial Officer Patrick Pichette said the figure now includes gross revenue from media sold via the Google Play store and money made from app sales. Last year's figure included mobile … Read more