Schmidt: 200,000 Android Devices Sold Daily

Google believes that around 200,000 Android devices are being sold each day, leading to significant revenue from increased mobile search traffic.

"Trust me that revenue is large enough to pay for all of Android’s activities and a whole bunch more," he said. "I should also say that we love the success of the iPhone because the iPhone also uses Google’s search and we get a chunk of that revenue when people search on the iPhone."

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