The full cnbc interview.

Excerpts on Youtube:

“I don’t think we’ve quite figured out the perfect solution of how to make money, and we’re working on that. That’s our highest priority this year.”

“We believe the best products are coming out this year. And they’re new products. They’re not announced. ”

On where to look for new business:

“Over the next three or four years, there’ll be more than another billion or so mobile phones added. Eventually our numbers indicate that there’ll be five or so billion mobile phones in a world of six billion or so.”

and

“the Internet is growing faster outside the United States than in the United States. Also advertising online growth rates are higher outside the United States than they are in the United States. You’ve got–and of course you have a weak dollar strategy–because the US has a very weak dollar–so that also helps. For all of those reasons, revenue outside of the United States should grow dramatically over the next while”

Why should customers spend more money on search?

“Because we earn it. Because you can measure it.“