Half a Billion Smartphones in 2011?
- Joshua M Brown
- December 26th, 2010
Let’s talk about 2011 tech trends for a moment. A Perfect Storm is brewing to make 2011 the year that smartphones overtake traditional computers as the primary access point to the internet.
I’ve already made clear my position that a new standard (and hence a new investment meme) comprised of Google’s Android operating system and Qualcomm’s chipsets is taking over the mobile web – we’re calling it Quadroid.
And now we get a bit more color from Seth Weintraub, who grabs some intel from around the wireless and web industries to give us a sweeping preview of what we can expect in the coming year…
In 2011, we might see half a billion phones sold worldwide. Smartphones will likely blow by traditional computers next year as the way most of the world gains access to the Internet.
Two major factors will drive this, in tandem: Wireless infrastructure is getting better every day, and hardware is getting cheaper. Cheaper hardware will eliminate the need for subsidies and therefore will improve competition between carriers, and spur them to improve their networks. Google (GOOG) Android head Andy Rubin calls this a ‘perfect storm’ for smartphone adoption.
Guys, hardware prices are coming down – and so will data plan prices. Not only that, WIFI may become so ubiquitous that some consumers will drop data plans entirely. And should Skype Mobile truly catch on, forgetaboutit.
Full Disclosure: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities, please see my Terms & Conditions page for a full disclaimer.blog comments powered by Disqus
The Reformed Broker is a blog about financial markets and the economy. Joshua Brown is a New York City-based investment advisor for high net worth individuals, charitable foundations, retirement plans and corporations... More.