Tue, 18 February 2014
Welcome to another edition of PowerTalk. I’m your host Chris Versace, editor of the investment newsletter PowerTrend Profits and portfolio manager of the Thematic Growth Portfolio at Fabian Wealth Strategies, and these are my 1-1 conversations with the movers and shakers in the business world that take you behind the scenes and in the know. Be sure to check out ChrisVersace.com for more on PowerTrends and past editions of PowerTalk as we'll as FabianWealth.com for more on my Thematic Growth Portfolio.
It seems that no matter where you look today, someone you know is on a smartphone or tablet:
When you think about it, it is pretty amazing how mobile technology has transformed our lives.
What’s even more amazing is that the change we have seen thus far has really been due to three devices — the mobile phone, the smart phone and the more recently the tablet.
When I take a step back and see how increasingly reliant we are on mobile technology , it looks more and more akin to electricity or water…it’s booming a greater part of out lives and you can’t live without it. That makes mobile a key cornerstone of my Always On, Always Connected PowerTrend.
Joining me on PowerTalk to talk about the state of the mobile industry today and where it’s headed is longtime friend Bill Davidson from Qualcomm, Inc. (QCOM), a key technology company in the mobile revolution. Bill is a Senior Vice President of Strategy and Operations at Qualcomm Technologies and he also heads up Qualcomm’s Investor Relations. I’ve know Bill for more than a decade and I’ve found him to be a fountain of information and insight over the years. During our conversation, we talk about the existing mobile markets and why there is plenty of growth left in smartphones and tablets. We also discuss a number of the up and coming mobile markets — The Connected Car, The Connected Home, wearables, mHealth, mobile payments and more. With all of these new markets coming on stream, you’re right to think that this will put a huge burden on mobile operators like Verizon, AT&T and others, but as Bill shares Qualcomm is already tackling that particular pain point.
After today’s PowerTalk that truly takes you behind the scenes and in the know when it comes to mobile and to Qualcomm, you’ll see that we are still only in the early innings of the mobile revolution.
Disclosure: Qualcomm Inc. (QCOM) shares were recommended to subscribers of my investment newsletter PowerTrend Profits last April at $64.01