Android Really Isn’t Making Money ⇥

[Larry] Page described Android as a young product with lots of potential during the company’s quarterly earnings call on Thursday. That’s a modest way to describe a piece of software that is installed on about 50 percent of smartphones worldwide.

“We are in the early stages of monetization for a number of our new products, and Android is one of those,” said Mr. Page, in response to an analyst’s questions about making money with Android.

I wouldn’t describe a five-year-old tech product as “new”, and using that to justify why it doesn’t make money seems misleading.