Google Quarterly Report Reveals They Found Success With Android

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Earlier today Google announced their quarterly earnings for Q1 2010, and amongst some strong earnings there was also some nice information regarding the current success levels of Android. To begin with, according to the report Google posted revenues of $6.77 billion, which is an increase of 23% from the same quarter in the previous year. Additionally, their net income was reported as being $1.96 billion, which was up from $1.42 billion during Q1 of 2009.

But moving on, it looks like ‘some’ of that revenue is coming as a result of Android. For example, the Android Market now has a total of 38,000 apps which is an increase of about 8,000 in just the last month alone. Of course, the demand for more apps is there as Google now has the Android operating system on more than 30 phones across 12 manufacturers. Google also commented that they were activating more than 60,000 devices each day, which taking that out a little further would mean you are looking at roughly 21,900,000 in a years time. Talk about some zeroes.

Google also took time to make a mention that the Nexus One has been a profitable venture for them. And that may come as a surprise to some given the criticism we see about not having the Nexus One available outside of the Google store online. Unfortunately they did not dive into any specifics though.

And then that brings up the obvious question in that, when, if ever will the Nexus One be available in retail outlets. Sadly Google did not give a solid answer to that, simply stating that they could not comment. But hey, that sounds better than a flat out no.

Google is also doing well in terms of the number of employees, as of March 31, 2010 they 20,621 full-time employees, which was up from 19,835 full-time employees as of December 31, 2009. Finally, just one last little tidbit in terms of money, Google currently has $26.5 billion in a mix of cash, cash equivalents, and short-term marketable securities.