Saturday, February 12, 2011

Mobile Banking Grows 200% in South Korea

In 2010, use of mobile phones for financial transactions and mobile banking in South Korea grew 200 percent. A Bank of Korea survey also shows that by September 2010, some 1.4 million people were registered for smartphone mobile banking.

The Financial Supervisory Service reports that in 2008 44 billion U.S. dollars worth of banking transactions were made using mobile phones, while the first nine months of last year $79 billion dollars worth of transactions occurred.

Google's Take on Mobile Advertising

Friday, February 11, 2011

Survey Suggests 8% of Verizon iPhone Buyers Switched from AT&T

A survey of 40 Verizon iPhone 4 buyers on launch day found that just eight percent were previously AT&T customers, compared to 18 percent with Sprint and 13 percent with T-Mobile.

The survey, conducted by analyst Gene Munster, Piper Jaffray analyst, polled users in New York and Minneapolis. Of those polled, 63 percent indicated they are already Verizon customers. Some 18 percent switched from Sprint and 13 percent switched from T-Mobile.
Read more here.

New Devices, New Behaviors

User behavior when on a smartphone is quite different from behavior on a traditional device.

Kleiner Perkins Caufield & Byers Partner Mary Meeker says nearly half of all smartphone usage represents new activity, such as navigation, game playing, social networking or use of  other non-traditional applications.

About 12 percent of activity is use of the web or web apps. About seven minutes a day is spent checking or interacting with email. About 32 percent of time is spent using voice or text apps.

SureWest Sees Light Demand for 50 Mbps, Almost None for 100 Mbps

SureWest CEO Steve Oldham recently confirmed a stubborn fact: not many customers are willing to pay for a 50-Mbps Internet access service. “We have a 50 Mbps service that a few people are interested in. We would offer a 100 Mbps service if we had anyone who would want to buy it,”Oldham said.

Apple Working on Cheaper IPhones?

Apple is working on new versions of the iPhone that are aimed at slowing the advance of competing handsets based on Google Inc.’s Android software, according to Bloomberg.

One version would be cheaper and smaller than the most recent iPhone. Apple also is developing technology that makes it easier to use the iPhone on multiple wireless networks.

Thursday, February 10, 2011

Mary Meeker's Latest Take on Internet Trends: Mobile has Critical Mass

http://www.scribd.com/doc/48586092/KPCB-Top-10-Mobile-Trends

The Roots of our Discontent

Political disagreements these days seem particularly intractable for all sorts of reasons, but among them are radically conflicting ideas ab...