Android is a goldmine for Google
8:15 AM
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Google CEO, Eric Schmidt, consider that Android is building money for the search giant, and declares it has already covered the price of its development in increased advertising income.
The detail comes in a fawning article about the open-source OS from Newsweek, covering how Android was developed by one man with a vision (Andy Rubin) who now has "virtually unlimited resources" to make it great. But the interesting part of the piece is Eric Schmidt's assertion that despite giving the OS away, Google still turns a profit on it.he premise is that Android makes it easier for mobile users to get onto the internet, and that every internet user generates advertising revenue for Google. The corporation reasons, therefore, that if there were no Androids, there would be fewer people online and thus less revenue for Google...
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