For Google and other companies, the value of mobile phones is their sheer rate of adoption and their numbers in the hands of users. Schmidt noted that smartphone sales are growing at 30% year-over-year and will soon surpass global PC sales.
Schmidt argued that mobile Web adoption is growing eight times faster annually than Web adoption did 10 years ago for the desktop. Half the Internet connections are made by mobile devices, he said, noting that more Google searches are done on mobile devices than on desktops in emerging countries.
Other writing on Mobile first by LukeW.
Additional content of Schmidt’s talk on ComputerWorld.