Talking Mobile With Qualcomm Ahead of Mobile World Congress

Feb 24 2014, 7:17am CST | by

For the investor, the technologist and the technology early adopter, the coming week can be considered one of the highlights of the year as the 2014 Mobile World Congress (MWC) kicks off. Yes, we’ve already had the 2014 Consumer Electronics Show, a great industry event that cuts across all sorts of consumer electronic categories, but MWC is focused on mobile pure and simple. In the past that meant new mobile product introductions from the then mobile phone leaders — Nokia, Motorola, and Ericsson — but today none of those companies compete in the mobile device space.

Yes, the mobile industry changed dramatically since the mobile phone was THE consumer electronic device of choice as have the players driving the current smartphone and tablet markets. Today it’s Apple, Google, and Samsung, with Nokia’s mobile device efforts now a part of Microsoft, Sony has what was once Ericsson’s mobile device business and Lenovo recently acquired Motorola Mobility from Google. Even the way we used these devices has changed – no longer is the main function voice. Just look around you and odds are at any given moment you will see

  • Checking email, sending a message or talking a selfie to post on Facebook or Instagram.
  • Surfing the web in search of news, recipes and the latest sports scores
  • Downloading coupons from Valpak, setting dinner reservations via Yelp or getting the latest game — what will replace Flappy Bird?
  • Trading stocks or paying bills.
  • Logging into mapping apps from Google, Apple or others as they roar off from an Avis or Hertz rental car agency and opting out of the GPS add on.
  • Streaming a movie on Netflix or shopping on Amazon.com.
  • Some may be making a voice call, but if you watch the “younger folk” they are using Skype, FaceTime or even apps like Glide to make a video call or send a video message

When you think about it, it is pretty amazing how mobile technology has transformed our lives and how pervasive it has become. What’s even more amazing is 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, it looks more and more like electricity or water — a basic building block of sorts that powers a number of things we do day in, day out.

Looking at the list of keynote speakers for MWC 2014, it looks like mobile could be the tipping point for mobile in a number of other areas as it moves beyond just smartphones and tablets:

  •  With IBM’s Chairman, President and CEO Virginia Rometty on tap as well as Cisco Systems's Chairman & CEO John Chambers and AT&T Chairman & CEO Randall Stephenson odds are The Internet of Everything will be taking center stage.
  • The same can be said for The Connected Car given that Ford Motor’s Stephen T. Odell, President of Europe, Middle East and Africa is on the docket.
  • Mobile payments, which have been getting more jawboning lately as Apple has been deploying its iBeacon solution with Major League Baseball, Coca-Cola, Macy’s (M) as well as its own Apple Stores, should also garner a fair amount of attention next week. With Citigroup as well as mobile payment firm Isis and Jon Matonis, Executive Director & Board Member Bitcoin Foundation on hand we will be hearing more about this.
  • The other category that has many chirping is wearables and odds are we will see more of these products announced at MWC.

Heading into this big mobile industry event, I sat down with Bill Davidson, Senior Vice President, Strategy and Operations Qualcomm Technologies, Inc. and Qualcomm Investor Relations. 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 and devices drawing on mobile networks, you’re right to think that this will put a huge burden on mobile operators like Verizon Communications, AT&T, Vodafone and others, but as Bill shares Qualcomm is already tackling that particular pain point.

CLICK HERE TO HERE MY 1-1 CONVERSATION WITH
BILL DAVIDSON OF QUALCOMM (QCOM)/>

Lest I forget, the one company that many will hope to hear from — Apple — tends to shun events like these and instead introduces its new products, services and solutions at its own events. There’s no reason to think this year’s MWC will be any different. So if you were hoping to hear about the new iPhone or the much rumored iWatch, you may get some more innuendo spinning out of MWC, but don’t expect any formal announcements.

Disclosure: Subscribers to my investment newsletter PowerTrend Profits were alerted to the opportunity in Qualcomm (QCOM) shares at $64.01 in April 2013.

Source: Forbes Business

 
 

Don't miss ...

 

<a href="/latest_stories/all/all/30" rel="author">Forbes</a>
Forbes is among the most trusted resources for the world's business and investment leaders, providing them the uncompromising commentary, concise analysis, relevant tools and real-time reporting they need to succeed at work, profit from investing and have fun with the rewards of winning.

 

blog comments powered by Disqus

Latest stories

Russia to lose $40 bn a year due to sanctions: Minister
Moscow, Nov 24 (IANS/EFE) Western sanctions against Russia triggered by its actions in Ukraine will cost the country's economy $40 billion a year, Russian Finance Minister Anton Siluanov said Monday.
 
 
Excess of a protein may trigger schizophrenia
New York, Nov 24 (IANS) Overabundance of a protein in the brain cells during brain development may cause abnormalities in its structure and lead to schizophrenia, says a study.
 
 
How humans colonised the Tibetan plateau
Washington, Nov 24 (IANS) After several failed attempts to negotiate the tough terrain of the Tibetan plateau, farming cold-tolerant barley helped humans adapt to year-round living at higher altitudes some 3,600 years ago, says a new research.
 
 
Indian equity bulls should't anticipate further crude price decline (Currency Corner)
Oil is in a bear market. Over the past few months, both major crude benchmarks - Brent and Western Texas Intermediate (WTI) - have corrected by over 25-30 percent from their 2014 peak. Interestingly, and as it often happens in the financial markets, the timing of this plunge has surprised many. The fundamental factors behind the drop in oil prices—easing - geopolitical tensions, slowing economic growth, especially in the Euro area and China, the Libyan output hitting the supply market again and the US shale oil revolution (the dominant factor) — could have been factored in well before and the plunge could have been smoother and more gradual, unlike the kind of capitulation we are witnessing now.
 
 
 

Latest from the Network

Hamilton admits hardly sleeping the night before
Abu Dhabi, Nov 24 (IANS/CMC) Newly crowned Formula 1 World champion Lewis Hamilton has revealed he hardly slept the night before the season-ending Abu Dhabi Grand Prix which he eventually won to clinch his second...
Read more on Sport Balla
 
Real Madrid to play in Australian tournament
Melbourne, Nov 24 (IANS) Real Madrid, which boasts the most expensive squad in world football, have been announced as one of three teams to compete in the International Champions Cup in Melbourne in July. The...
Read more on Sport Balla
 
Cruzeiro win Brazil Serie A title
Belo Horizonte (Brazil), Nov 24 (IANS) Cruzeiro have clinched their second consecutive Brazilian Serie A title with a 2-1 victory over Goias. Everton Ribeiro struck the winner at the Mineirao stadium Sunday after...
Read more on Sport Balla
 
Honours shared in Milan derby
Rome, Nov 24 (IANS) Inter Milan have played out a 1-1 draw against crosstown rivals AC Milan in a sellout Serie A game. Jeremy Menez gave AC Milan a lead at halftime but Joel Obi equalised for Inter shortly after the...
Read more on Sport Balla
 
IOC chief condemns Afghan bombing
Lausanne, Nov 24 (IANS) International Olympic Committee President Thomas Bach condemned the suicide bombing at a volleyball tournament in Afghanistan. The lone bomber detonated explosives Sunday during a local...
Read more on Sport Balla
 
Marseille tops French league
Paris, Nov 24 (IANS) Marseille have climbed to the top of the French league after rallying to beat Bordeaux 3-1. With the victory, they now enjoy a one-point lead over Paris Saint-Germain. Bordeaux striker Thomas...
Read more on Sport Balla
 
New crew aboard Russian spaceship reach ISS
Washington, Nov 24 (IANS) Three new crew members from the US, Russia and Italy arrived Monday at the International Space Station (ISS) on board a Russian spaceship. Terry Virts of NASA, Soyuz Commander Anton...
Read more on Business Balla
 
Sears plans for big Black Friday 2014
Sears is looking foward to cashing in big time for the upcoming Black Friday 2014 shopping holiday on Novermber 28th. Members of Sears have seen their Black Friday specials start one week early and the company has...
Read more on Black Friday Countdown
 
Apple gears up for Black Friday
Black Friday is fast approaching and one company that plans on seeing a sales increase is Apple. Apple has announced that they will have discounted prices for the upcoming buying holiday and one product they plan on...
Read more on Black Friday Countdown
 
Thousands protest in Chile in favour of new constitution
Santiago, Nov 24 (IANS/EFE) Several thousand people took to the streets of Santiago and other Chilean cities to demand a Constitutional Assembly as a means to provide the country with a new constitution, as was...
Read more on Politics Balla