Oct 172011

Google is on track to earn $2.5 billion this year in mobile ad sales, Larry Page told investors during Googles third quarter earnings call today. That growth is led by mobile search activity, with mobile display ads a lesser factor.Overall, Google grew aggressively during the quarter, reporting revenue growth of 33 percent and overall quarterly revenue that was just shy of $10 billion.

via Google Expects $2.5 Billion in Mobile Ad Revenue This Year | ClickZ.