Is Mobile Keeping Tech Alive?

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April 25 (Bloomberg) -- Telsey Advisory Group Analyst Tom Forte discusses tech companies becoming phone companies with Trish Regan and Cory Johnson on Bloomberg Television’s “Street Smart.” (Source: Bloomberg)

It is all about the phone.

They want to have the hardware.

Computing is going away from here.

That massive shift in computing will create some opportunities not for just different sellers but to providers of the uses of it whether it is shop inc.

Or content or you have companies like they spent making enormous shifts.

What do you think is the reason behind this?

We know it is obvious.

If you look within the internet space, it will mean the mobile internet.

There are basically three business models.

E-commerce is doing fantastic on mobile devices.

Advertisers are doing really well.

Why does amazon need to create its own phone?

It is basically them not wanting to be held hostage by other companies that will say we are not going to have your stuff on our interface?


Amazon launched a little piece of hardware you could take throughout your house.

The phone is the same thing for amazon.

You go to a different store any user amazon phone.

Basically they have the leg up.

Amazon is a great experimenter.

They like to try something.

This is really a mass -- a methodology that is greatly encouraging there.

They have so much experience making consumer electronics with their console devices for five years the phone is not too far away from them.

That is where the computing is happening.

One of their business -- biggest businesses was selling dvds.

People were consuming things and places like that.

Their prime business is increasingly being focused on mobile as they are staying relevant.

What who else do you see?

It is interesting to see google's decision to discuss motorola to lenovo.

I think if you look at the stock time they have done well.

They signed a way to leverage every device in the emergency room is very.

I like get into a business you do not know a ton about you and just average everyone else?

Lacks this is not so far off till from what they have done.

They are not worried about a phone that will make virtually no money.

Had a certain level of phone it is down here at apple takes a very high margin approach.

We are going to leave it there.

Winky very much.

We're going to be back at the close of trading.

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