MG Siegler at TechCrunch recently published a post about Mary Meeker (Morgan Stanley's Managing Director)'s recent presentation at the Web 2.0 in San Francisco. The main focus of her presentation, was that, according to recent market analysis, the economy is showing many good signs of recovery. To Meeker, stock markets are typically the leading indicator that things are starting to get back on track, but also that the tech sector shows signs of rebounding (ie., Apple). This of course great news, because the technology industry is now more capitalized than the financial industry.
Additionally, Meeker notes that recent growth of mobile web has a lot to do with the strengthening state of the tech sector. This is not only because mobile web signals a new computing cycle, but that it should eventually be 10 times the size as desktop internet - and, this is expected to happen sooner than most can imagine. Meeker adds that the explosive growth rates of Wi-Fi, GPS, 3G, Bluetooth - during in a recession, nonetheless - are further indicators of a burgeoning mobile web, and a strong tech sector that is set to rebound, and grow even stronger.
According to Siegler, other key points from Meeker's presentation include:- Location-based services are the “secret sauce” of what makes the mobile web interesting.
- The iPhone/iPod touch is the fastest growing piece of hardware the world has ever seen.
- And usage share versus market share of the iPhone is incredible, meaning it will only grow.
- Facebook is becoming the multimedia repository, and it will allow you to do so much.
- Companies absolutely need to be on board with the mobile web. They have some time, but they need to act
Comments
Comments are closed.