Wednesday, March 25, 2009

SAI: AdMob's iPhone Ad Business Exploding (AAPL)

"Mobile ad network AdMob has moved aggressively into the iPhone ad market, and it's paying off. In the last year, the company's iPhone ad business -- measured by ad requests -- grew more than 35x.
Last month, the company served up 1.2 billion ads worldwide to Apple (AAPL) iPhone and iPod touch devices, or about 18% of its 6.56 billion total ad requests. In Feb. 2008, it served up about 33 million ads to iPhones, or about 1.3% of its 2.56 billion total ad requests."

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