Google is becoming the leader in the mobile applications market. That's the message from company CEO Eric Schmidt: "There's some evidence that we're becoming a leading mobile application provider, at least in certain segments," he said.
The news, which will dismay competitors concerned about the search engine giant's relentless drive into other areas, came as Google reported a turnover increase of almost 60 percent in the third quarter compared to the same period last year. Third-quarter revenue for the search giant reached $4.23bn, up 57 percent over the same quarter last year.
Google executives pointed to several areas where they expect to see continued growth but highlighted mobile in particular. The use of Google's mobile services, which include search, maps and YouTube, is growing, with some services doing particularly well in certain areas such as Japan and Korea, said Larry Page, co-founder and president of products of Google.
There's a growing interest in mobile Internet and several leading companies, including Yahoo and Microsoft, are fighting for the lead position in the market. It could be that Google is set to pull ahead.
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