If you the think the future of application distribution for mobile devices is all about who can build the best App Store, Google begs to differ.

Google's vice president of engineering, Vic Gundotra, recently touted the advantages of applications delivered through the browser as opposed to a separate online storefront.

"We believe the Web has won and over the next several years as these mobile devices improve their browser capabilities, the browser, for economic reasons almost, will become the platform that matters, Gundotra said at the MobileBeat conference. "And that's certainly where Google is investing and putting our best applications and we're very excited about what that means for the future."

That said, Google (NASDAQ: GOOG) is hardly abandoning the online store paradigm. It has a number of popular applications on the iPhone App Store and, of course, developed and promotes Android Market the online store front for apps developed for Android mobile devices.

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