Google Claims $1 Billion In Annualized Mobile Ad Revenues

Google Acquires AdMob For $750 Million In Stock

Is Android paying off?

Maybe not yet, but you can see how excited Google (NSDQ: GOOG) is about its revenues coming from mobile ads. As a special one-time event this quarter, Google provided a glimpse about how well mobile advertising is ramping.

My colleague over at paidContent Joseph Tartakoff reports that during Google’s Q3 earnings call the company disclosed that mobile ad sales were now at a $1 billion

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