Mathew Sumner/Getty Images
A Nexus 7 tablet is shown at the Google Developers Conference as developer Brad McManus tries out the new device on June 27, 2012 in San Francisco, California. The new Nexus 7 is Google's first tablet, utilizing a 7-inch screen, a Tegra 3 quad-core processor, and will launch next month for $199 running on the latest Android Jelly Bean OS. (Photo by Mathew Sumner/Getty Images)
We learned a lot from Google I/O, including numbers that Google released during the three-day developers conference.
Here's a rundown on the numbers:
So what does all that mean? It means that Google is schooling us all on its business acumen before its second quarter earnings call next month. This ain't no Facebook IPO, the numbers seem to say, we have lots of profits.
That's accurate, especially since first quarter results showed the search titan almost $11 billion in the black with revenues rising 24 percent year-over-year.
But we should be paying attention to some of the numbers more than others, especially the NFC ones, because they seem to indicate the future of mobile is about your smartphone becoming your wallet. That's a lot of power for either Android or Apple to have.