Search giant Google announced its first quarter financial results of 2013 late yesterday. The results un-surprisingly passed Wall Street expectations, thanks to advertising revenue increase for the company. The company CEO Larry Page shared his thoughts on the state of Android, Motorola and Google’s overall mobile ambitions. He also shared a little peek at what can be we expect from Motorola in the coming days, most of which was vague and similar to what he had said in the last quarter’s earning call.
Before we delve into what he said, let us first take a quick look at the Google’s Q1 numbers.
- Google posted consolidated revenues of $13.97 billion with 31% growth year-on-year basis.
- Motorola Mobility revenues dropped to $1.02 billion, posted loss of $271 million this quarter.
Here is everything that he said on Android, Motorola, Google Glass and all that concerns Android lovers like us.
On Motorola and smartphones:
In today’s multi-screen world, the opportunities are endless. Think about your device. Battery life is a challenge for most people. You shouldn’t need to carry around a charger with you to make it through the day. If your kids spill their drink on their tablet, the screen shouldn’t die, and when you drop your phone it shouldn’t shatter. There is a real potential to invent new and better experiences, one that are much faster and more intuitive, so having just seen Motorola’s upcoming products myself. I’m really excited about the potential there. In just under a year, they have accomplished a lot and have impressive velocity and execution.
On the impact of Facebook Home for Android:
I think that Google is really focused on building and creating great Android experiences within the strong ecosystem that we have. And it’s really great to see developers really focused on and building for Android.
On the transition in Android management and what exactly Andy Rubin is going to be doing now
I think, as we’ve already said, we’ve really exceeded crazy ambitious goals we dreamed of for Android. It’s the most used mobile operating system in the world and a very big thanks to Andy for that. He really decided it was time to hand over the reigns and start a new chapter at Google. And we actually have an outside – we haven’t said what that is and I’m not going to make news today on that. And actually going forward, Sundar is going to lead Android in addition to his existing work on Chrome and apps. He has a great talent for creating products that are really technically excellent yet easy to use and he loves a big bet too. So, we said how that performed I think we had very smooth transition and of course excited about the future.
On overall strategy with Google Glass, ecosystem for the third-party developers and pricing
I think that we’re probably pretty good at third-party ecosystems, our experience on Android and the bunch of other areas. So I’m not too worried about that. There’s been a lot of speculation on that. I would just say it’s early. And I think the price tag was set for developers for an early test.
We don’t have any news to announce there, but it was clearly – I’m not sure I’ll call it a luxury price, but certainly a pretty high price. I think that what I’m, like doing with my Glass, I think – what do people do in Glass? I really – I find that photo taking and the video, phone calling, quick messaging, directions, all to be a pretty amazing experience and that’s some of the core functionality we built into the device, we’re excited to really get it out to some developers and have other people create some amazing experiences with it, which we haven’t thought of yet. I guess that it’s still early days. But I think it’s very exciting.
You can listen to the full earnings call below: