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Another Cell Phone Milestone
February 13th, 2008
I have written several columns about cell phones in the past. Each one was due to milestones of growth. The speed of growth in the use of cell phones continues to be astounding. It was announced last week by the International Telecommunication Union that the number of total global cell phone subscribers will exceed the number of non-subscribers for the first time in 2008.
When you stop and think about it, this is nothing less than amazing. This means that more than half of all human beings alive today have cell phones. That includes …
It Now Starts with the Kindle
November 30th, 2007
Amazon’s introduction of the Kindle electronic book reader feels momentous. It is the first time that the long anticipated, much debated future of the ‘ebook’ feels ready to begin in a meaningful way.
During the past ten years there has been great debate about the ebook. Generally speaking there have been three points of view on the subject. The first one comes from the true believers that the ebook is inevitable and that it would ultimately gain a noticeable and then sizable market share of publishing. The second viewpoint is that while there would be a market for the ebook it …
Disintermediation – Say Good-Bye to the 6% Commission Rule.
June 26th, 2007
In the last year I have written often about disintermediation. It is a force that is affecting numerous industries. Residential real estate, as I have written here, is one of those businesses. Any business that has historically inserted itself between buyer and seller and has also kept market information to itself is a business that sooner or later will have to redefine itself in this Internet age. As mentioned in this column, both the stock brokerage and travel agent business have been substantially changed due to the disintermediating power of the Internet. …
Book Expo America is the large annual convention of the book publishing industry. For the past few days, thousands of people descended on the Javits Center in New York for the annual ritualistic gathering of the tribes of this 500 year old business. As regular readers know, this year I have attended the Consumer Electronic Show, the NATPE television convention and the Chicago Auto Show. Once again I found myself navigating an annual convention of a business that targets the consumer [BEA is primarily for the ‘trade’ or consumer part of the book publishing industry]. I look …