CHART OF THE DAY: Why Google Dropped $750 Million On AdMob

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Google spent $750 million buying AdMob today because the mobile ad network is growing like a weed, with ad requests at 10.2 billion in September, up from 2.5 billion in January 2008.

A lot of that growth is being driven by Apple’s iPod and the iTouch. A quarter of AdMob’s requests come from Apple devices.

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