Market Projections: Pick a Number
Posted by samc on June 22nd, 2007Crib Ornament says everyday a new article claims to have the crystal ball on the future of the mobile industry:
Take a look at the ones I found in about 2 minutes:
- Mobile worth $10 billion by 2010
- Mobile worth $3 billion by 2008
- Mobile worth $14 billion in 4yrs (2011)
- Mobile apps worth $66 billion over 5 years
- Mobile games worth 11.2 billion by 2010
- Mobile entertainment worth $76 billion by 2011
- Mobile social networks worth $13.1 billion by 2011
- Mobile content to reach $43 billion by 2010
What does this tell us? Absolutely nothing… except that there are uber-tenacious forecasters who think they are smart enough to pinpoint a market to a decimal point (who do they think they are, Warren Buffet?).
Om Malik notes at the end of first quarter 2007, the total number of broadband subscribers was close to 300 million, according to Point Topic. Thanks to Eastern Europe and China, the broadband subscriber base is growing at much faster clip that most imagined.
source : dailywireless.org
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