Meanwhile, Motorola Mobility, whose $12.5 billion acquisition Google closed in May, had an operating loss of $527 million on revenue of $2.58 billion. In addition, restructuring and related charges recorded in the Motorola business were $349 million, and the related tax benefits were $76 million.

Other Google executives joined Page in singing a happy tune, including CFO Patrick Pichette, who said he was pleased with the business' "growth trajectory." Pichette said Google's numbers were also adversely affected by "currency headwinds."

Nikesh Arora, Google's chief business officer, reiterated the mobile opportunity, and said the company's enterprise software business, including Google Apps, "continued to thrive" during the quarter.

Google is hard at work at improving its mobile advertising technology, Page said, in part to make it much easier than it is today for marketers to manage their mobile ad campaigns.

Google ended the quarter with $45.7 billion in cash, cash equivalents and short-term marketable securities.