Goldman Sachs says Android is making Google very little money

according to a new report from a group of Goldman Sachs analysts, Android users aren’t clicking on very many Google ads.

Earlier this week, Goldman’s analysts estimated that Google did $11.8 billion in mobile search revenue in 2014.

Goldman estimated that 75% of that revenue, $8.9 billion, came from Web searches made using iPhones and iPads.

That means that, at most, Google generated $3 billion from searches made on Android devices in 2014.

via Goldman Sachs says Android is making Google very little money – Business Insider.

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