Mobile Internet is Exploding
A very interesting presentation on Internet and the economy presented by Morgan Stanley analyst Mary Meeker at Web 2.0 Summit on Tuesday.
BusinessInsider summarizes the presentation as follows
Mobile internet is bigger than you think.
iPhone is becoming THE mobile platform.
Social media, mobile devices are changing communications and commerce.
Mobile internet trends in Japan show how the future will be. (Hint: Not much mobile advertising)
Carriers will be crushed by demand.
The Walled Gardens collapse.
Apple wins, Google maybe wins, Research In Motion withers
The number of mobile subscriptions is actually expected to reach 50 billion subscription in 2020 (even bigger than what Mary thinks, 10+ billions is mentioned in her slides). Apple is no doubt a major driver, but Google services are not to be forgotten. Also the android platform is being pushed and adopted by many manufacturers. Despite the iPhone’s popularity, I think it is still possible for other handsets to make a breakthrough. To a large extent, I seem to agree with Meeker about mobile internet trends, except for mobile advertising.
Take a deeper look into Mary’s presentation here and let me know what you think Read more…