At stake is a market that may surge 10-fold to $16.2 billion globally by 2011, says EMarketer Inc., a research firm in New York. Google, based in Mountain View, California, sees as much as half of future sales coming from mobile phones. While the U.S. accounts for about 50 percent of global revenue from promotions viewed on computers, the figure drops to 27 percent on phones and may rise to 29 percent by 2011.
TomTom, Google team up on business information (Reuters) -
Dutch navigation systems company TomTom said on Wednesday it was teaming up with Internet search leader Google Inc so users can find and send business addresses to their portable devices.
TomTom, which makes navigation devices for cars and mapping software for handheld computers, said in a statement its users would be able to search for business addresses on Google Maps and transfer them to their TomTom device.
At its capital markets day on Tuesday, Nokia Corp. stressed the significance of its push into mobile services and indicated it intends to make further acquisitions in the field.
Chief Executive Olli Pekka Kallasvuo said Nokia (NOK) , already the world’s largest maker of mobile phones by a large margin, intends to become the No. 1 brand for search, browsing and music…..Nokia transform itself from a pure hardware vendor to software and services giant as it looks for new sources of growth.
As such, it targets companies ranging from traditional rivals such as Motorola Inc. (MOT) to search engine giants like Google (GOOG) , makers of ” converged” devices – which wrap up music, internet browsing and phone capabilities into one handset–like Apple (AAPL) and software developers like Microsoft Corp. (MSFT) and its Windows Mobile platform.
“We have to have a strategy against each of these people, and we do,” said Kallasvuo.