"Baidu might enter a two-year transition period, during which we will spare no effort working on the mobile end… Our search traffic on mobile exceeded that on PC by the end of third quarter, and I believe it won't be long before the same change happens to revenue and profit."

-Robin Li Yanhong, chairman and CEO of Baidu Inc.

He added that mobile outweighing PC could be a permanent change, and revenue and profits will follow accordingly when customers are satisfied.

Robin Li Yanhong, chairman and CEO of Baidu Inc., attends the Chinese and Foreign Entrepreneurs Summit during the first World Internet Conference in Wuzhen, Zhejiang province, Nov 20, 2014. [Photo/IC]