NEW YORK Google's (GOOG) latest earnings provide further evidence the company is figuring out how to make more money as Web surfers migrate from desktop to mobile devices.
The first-quarter numbers released Thursday show that a recent decline in Google's average ad prices is easing. The trend indicates that marketers are starting to pay more for the ads that Google distributes to smartphones and tablet computers. Mobile ads so far have fetched less money than those viewed on the larger screens of laptop and desktop computers.
"We are working hard and investing in our products that aim to improve billions of people's lives all around the world," said Larry Page, CEO of Google.
Google earned $3.3 billion, or $9.94 per share, during the opening three months of the year. That was a 16 percent increase from $2.9 billion, or $8.75 per share, last year.
Revenue climbed 31 percent from last year to $14 billion.