1. “This ‘telephone’ has too many shortcomings to be
seriously considered as a means of communication.” — Western Union
internal memo, 1876.
How many people have told me apps and smartphones of today have too
many shortcomings to be seriously considered as a new means of
communication. Wait ten years or twenty years…or fifty years from now
and picture Android keeping always connected to your car, your house,
your friends and family, your calendar, your music, your video
entertainment, your 3D gaming and so on. The app revolution isn’t just
about 2011 or even just this century. We’ll be building on these new
platforms for the next century. For the best stocks for the app
revolution, please check out my report 50 Stocks for the App Revolution http://AppRevolutionStocks.com, including a handful I think could go up 500-1000% in coming years.
2. “I think there is a world market for maybe five
computers.” — Thomas Watson, chairman of IBM, 1943. “The world
potential market for copying machines is 5,000 at most,” IBM executives
to the eventual founders of Xerox, 1959.
How many PCs per person have been sold in the last couple decades.
How many of us will have tablets, smartphones, and Android running on
our dashboards and in our refrigerators and who knows where else in
twenty years. I keep saying we’ll see more than a billion smartphones
sold annually in ten years….but that’s a fraction of the app-related
technologies we’ll be using by then. To see how I’d be trading Google,
Microsoft and Apple and 47 other app stocks, please check out http://AppRevolutionStocks.com
3. “Where a calculator on the ENIAC is equipped with 18
000 vacuum tubes and weighs 30 tons, computers of the future may have
only 1 000 vacuum tubes and perhaps weigh 1½ tons.” — Popular
Mechanics, March 1949
Think there might be some form-factor revolutions coming for Android and iOS?
4. “I say to you that the VCR is to the American film
producer and the American public as the Boston strangler is to the woman
home alone.” — Jack Valenti, MPAA president, testimony to the House
of Representatives, 1982
Content is king and the ability for us to access content from ever
more devices and ever more places instantaneously will continue to drive
the value of owning and creating content. To find out my favorite
content stocks along with 45 other app stocks, please check out http://AppRevolutionStocks.com
5. “Do not bother to sell your gas shares. The electric
light has no future.” —Professor John Henry Pepper, Victorian-era
celebrity scientist, sometime in the 1870s
Yeah, and don’t bother to sell cable
company stocks like Cablevision and Time Warner Cable, because
instant-access to all video content has no future. Oh, wait, scratch
that….sell the cable stocks now! Get my full analysis on why I think
Cablevision’s a short and how to trade it, please check out http://AppRevolutionStocks.com
6. “Television won’t be able to hold on to any market it
captures after the first six months. People will soon get tired of
staring at a plywood box every night,” Darryl Zanuck, 20th Century Fox,
1946.
7. “The problem of TV was that people had to glue their
eyes to a screen, and that the average American wouldn’t have time for
it.”
− The New York Times, 1939
How many people tell me that apps won’t be able to hold onto any
market after whatever time frame because people will get tired of
staring at their small handheld screens.
8. “The subscription model of buying music is bankrupt. I
think you could make available the Second Coming in a subscription
model and it might not be successful.” Steve Jobs — Rolling Stone, Dec.
3, 2003
Netflix has tens of millions of subscribers paying for bad TV shows
and mind-numbing movies just seven years later. Imagine how much people
would pay up to subscribe if you could actually catch the Second Coming
on video. On a related note, I figure the Second Coming, like the
“revolution” won’t be televised. To get my Revolution Investing rating
on a scale of 1 to 10 for Netflix along with 49 other app stocks, please
check out http://AppRevolutionStocks.com
9. “Airplanes are interesting toys but of no military
value.” — Marechal Ferdinand Foch, Professor of Strategy, Ecole
Superieure de Guerre
Have you thought about the impact that apps, smartphones and
always-on-access to broadband tech is going to have on the military over
the next few decades? I have.
10. “The wireless music box has no imaginable commercial
value. Who would pay for a message sent to no one in particular?” —
Associates of David Sarnoff responding to the latter’s call for
investment in the radio in 1921
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