Tuesday, April 19, 2011

Google's only just started in mobile, but Q1 disappoints

Google talked up its huge mobile potential even as it delivered first quarter results that disappointed because of the firm's galloping costs. CFO Patrick Pichette said the company "tripped" into a $1bn mobile business without massive effort, leaving the audience to imagine what could be achieved once Google really started to try.
However, success in the mobile world is putting Google in the sights of new competitors and antitrust authorities, and the latest complaints come from Korea, where Android handsets are gaining ground rapidly. Korea's web and wireless activities always have an influence disproportionate to the country's size because of its advanced usage and major influence on the mobile industry. Adding to antitrust probes underway in the US and Europe, Korea' s largest homegrown internet search providers, NHN and Daum Communications, have filed complaints against their US rival.
Their filings with the Korean Fair Trade Commission allege that Google has blocked local cellcos and manufacturers from embedding third party search applications in Android devices.

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