Kent Anderson at The Scholarly Kitchen Blog does a very nice job summarizing a presentation (it's an annual event) about the economy and Internet trends by Mary Meeker, a highly respected industry analyst at Morgan Stanley. The presentation took place on Tuesday at the Web 2.0 Conference.
Meeker notes that while the desktop Internet was largely paid for by advertising and other sources of support, the mobile Internet is so far largely paid for by individuals, a significiant shift in payment sources.
She also notes that social networking has gone mobile in Japan, with Mixi’s traffic flipping from 86% desktop in 2006 to 65% mobile in 2009, mostly due to the emergence of mobile bandwidth.
Facebook has quickly assumed a leading position in its share of global time spent online (6 billion minutes are spent on Facebook each day).
Apple and Facebook together create an interesting innovation intersection, with Facebook bringing 390 million users, 350,000 applications, and 500 million downloads, and Apple bringing 85,000 applications and 2 billion downloads. Whether the two will dance more closely remains to be seen.
+ This is her sixth Web 2.0 "Trends" presentation. Other have focused on social networks and online video. This year it's mobile. Meeker says that mobile, "is and will be bigger than we think."
+ Mobile Internet adoption outpaces desktop Internet adoption
+ Apple iPhone/iTouch fastest hardware user growth in consumer history
+ Social Networking and Mobile is a Key Theme
+ Facebook numbers one site in global minutes, YouTube second global minutes and the second largest global search engine.
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