Peter Kafka

Recent Posts by Peter Kafka

Google’s $8 Billion Mobile Business Comes With Caveats

iStockphoto | maybefalse

The first news nugget from Google’s earnings call today: The company says it’s now on pace to generate $8 billion a year from mobile, up from $2.5 billion a year ago.

Big jump! But there’s a catch: Last year’s number was solely from mobile advertising. This year’s number includes mobile ads along with gross revenue from media sold through the company’s Google Play store, as well as the gross revenue from app sales.

So: Big number, but unless Google wants to break it down, hard to tell how meaningful it is.

(Update: Later in the call, CFO Patrick Pichette tells analysts the “vast majority” of that $8 billion comes from ads.)


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald