She points to hot products like the Nintendo Wii, the Apple iPPhone 3G, and others as more examples of the acceptance of hot new digital products. She predicts mobile will be a hot sector, but it will be full of winners and losers. She believes notebook computers accessing the cloud via 3G wireless networks will be a hot trend. The infrastructure is in place to enable more mobile growth, she says. She thinks that the launch of the T-Mobile G1 with Google Android software is an “inflection point” in the mobile industry as computing moves into mobile devices. She says Symbian (owned by Nokia) dominates the market for smartphones but is losing share to the likes of Apple.
She says the top ten emerging markets will surpass the top ten developed markets in terms of Internet usage in 2008. China, for instance, added 86 million mobile users in 2007 alone.
“Having lived through a downturn before,” she said. “Companies that add value will survive.” She thinks sites such Amazon have only begun to take share away from brick and mortar retailers. CPMs are under short-term pressure but will be growing in the long term. With 1.35 billion Web users, we have $41 billion in online ad revenue and $30 in ad revenue per user, she said.
“History proves that ads follow eyeballs,” she said. “It just takes time.”"