Posts Tagged ‘patrick bertagna’

Thirty-percent of smart-phone subscribers downloaded applications and nearly two-thirds sent text messages

July 9, 2010 in GPS TRACKING APPS,GTXCORP,LOCiMOBILE | Comments (0)

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So says Firece Mobile’s Jason Ankeny

Smartphone ownership in the U.S. surpassed 49.1 million at the end of May 2010, an 8.1 percent increase over the previous three-month period, according to new data from market research firm comScore. Although Research In Motion’s BlackBerry operating system remains the dominant smartphone platform in the U.S., representing 41.7 percent of the market, its market share dropped 0.4 percent during the period as Google’s Android increased 4.0 percent to 13.0 percent. Android was the sole platform to grow its market share during the period: Apple’s iPhone slipped 1.0 percent to 24.4 percent, Palm’s webOS fell 0.6 percent to 4.8 percent and Microsoft’s Windows Mobile dropped 1.9 percent to 13.2 percent. comScore notes that despite losing share to Android, most smartphone platforms continued to gain subscribers during the period; the firm adds its data does not include Apple’s new iPhone 4, issued in June.

As smartphone penetration continues to grow, so too does mobile data usage–65.2 percent of U.S. subscribers sent and received text messages, up 1.4 percentage points over the previous three-month period, and 31.9 percent accessed their mobile browsers, up 2.3 percentage points. Thirty percent of subscribers downloaded applications (increasing 2.1 percent); 20.8 percent of users accessed social networks or blogs (up 2.6 percent); 22.5 percent played mobile games (up 0.7 percent); and 14.3 percent listened to music on their phones (increasing 1.2 percent).

LOCiMOBILE’s release of its “TRACKING” app utilizes new multitasking tools allowing it to run in the background…more apps, shared by more people running more of the time.

Blodget says: “Apple will sell 12 million iPhones to Verizon subscribers for $7 billion”

July 5, 2010 in GPS TRACKING APPS,GTXCORP,LOCiMOBILE | Comments (0)

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Verizon Wireless, the largest U.S. mobile-phone company, will start selling Apple Inc.’s iPhone next year, closing out AT&T Inc.’s exclusive license on the smartphone in the U.S. – So say inside sources. Verizon could very well generate a 12 million net additional iPhone sales for Apple plus $3 in EPS per year—which isn’t included into current expectations.

In the first quarter of this year, a third of AT&T’s iPhone activations came from consumers new to the carrier. In the absence of those 900,000 new subscribers, ATT may have posted a loss in contract customers that quarter, analysts relayed.

Apple has sold more than 50 million iPhones since the smart-phone’s introduction in 2007. The latest version, iPhone 4, sold more than 1.7 million units in the first three days after its recent debut, a record for the product.

What does that mean for apps and devices running on the Android, Rim and Bada platforms? As the sophistication of these platforms and devices rises, so does the demand for their devices and downloads. More app developers will follow if for no other reason than the potential numbers. Open source is a great incentive and a competitive field provides options to those that don’t feel the love from APPL.

The greatest impact will be the inevitable migration to smart-phones which only have a 20% or so share of the total operating global devices, but show a 72% quarter on quarter increase.  We will see a further transition to data communications over voice. It may even come to pass that we drop the word “phone’ from the device vocabulary once ubiquity is achieved.

We believe that the greatest changes may not appear in devices, apps or even in the growth of revenues, but rather in the evolution of our social DNA. The opportunity for us to be aware of each others location using GPS technology in a safe, opt-in transparent fashion will forever alter our social interactions with merchants, business associates, friends, family and places…

Companies like GTX Corp and its LOCiMOBILE subsidiary, have found sincere interest for their miniaturized embedded technologies here and abroad addressing logistic, asset management, people tracking and social networking applications because everyone is asking the “where is” question and GTXO has the “where is” answer.

New App craze brings back the 1990’s

April 18, 2010 in GTXCORP,LOCiMOBILE | Comments (0)

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Every Portfolio manager I’ve ever known loves to find a sector with wind at it’s back..the early users of the “CrackBerry” knew (Nasdaq: RIMM) was the stock he/she needed to invest in because every person on Wall Street had one. This phenomena doesn’t occur often and RIMM”s are as rare as Australopithecus. I observe the current app craze as the new cycle for lightning quick revenues based on the size of the market itself. Certainly anyone with an iPhone or Android phone has imagined that they could build an app when they got home that night…I know I did.

I can tell you from experience that when Kleiner Perkins doubles the size of its venture fund specific to app’s you know your watching the ship turning in the harbor. This is a unique space with wind at it’s back and certainly the app’s market is a niche to watch, we found this company and had a chance to speak with Patrick Bertagna at GTX Corp (OTCBB:GTXO) its Founder/ Chairman and CEO. He had some interesting comments about how the company has evolved and found some traction with its wholly owned subsidiary LOCiMOBILE Inc. Bertagna commented “With 500 million smart phones entering the market place, I believe we are at the tip of the next disruptive wave. Apps will become as ubiquitous as the device they live on and that makes this new frontier a game changer” Certainly being on the iTunes top ten highest grossing list puts us at the forefront of this coming wave.”

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