Qualcomm (QCOM) reported strong profits and positive guidance. QCOM's announcement provides clear indication that Verizon's recently rolled out 3G services and Sprint's upcoming services will be well received in the enterprise and soonthereafter by consumers. Look for high-bandwidth mobile application investments with clear need-oriented solutions. Applications could include highly-customizable navigation, asset monitoring, medical devices and mobile entertainment/gaming.
Application developers can contact me here.
About the Author
Michael Taus is the Managing Director of Magnolia Ventures a technology incubator and venture business consultancy, and Aquo Interactive, a software development and Internet marketing firm . He has been involved in the growth and development of network-related technology companies since 1996, including Rent.com (acquired by eBay) and BigLinx, a proprietary search engine marketing service. He currently is an advisor to a number of early-stage technology companies.
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