Monday, March 25, 2013

GOOG: Google's (GOOG +0.1%) mobile ad run rate has...

2:05 PM Google's (GOOG +0.1%) mobile ad run rate has more than doubled since mid-2012 and is now abover $5B/year, thinks Wedge Partners' Martin Pykkonen. Google disclosed in October mobile ads and Google Play were on a combined $8B/year run rate. For reference, Google is expected by the Street to generate $60.2B in 2013 revenue. Read comments

GOOG price at time of publication: $810.93. Check GOOG price now »

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