{"id":32138,"date":"2012-09-06T15:26:25","date_gmt":"2012-09-06T19:26:25","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/09\/how-the-mobile-industrys-most-hated-business-is-set-to-grow-five-fold-by-2016\/"},"modified":"2012-09-07T07:18:30","modified_gmt":"2012-09-07T11:18:30","slug":"how-the-mobile-industrys-most-hated-business-is-set-to-grow-five-fold-by-2016","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/09\/06\/how-the-mobile-industrys-most-hated-business-is-set-to-grow-five-fold-by-2016\/","title":{"rendered":"How the Mobile Industry\u2019s \u201cMost-Hated Business\u201d is Set to Grow Five-Fold By 2016"},"content":{"rendered":"

Article by Investment U<\/a> <\/p>\n

Ever since Apple<\/strong> (Nasdaq: AAPL) invented the smartphone, the cellphone has never been the same.<\/p>\n

Today, smartphones allow us to not only make calls, but surf the web, watch video, email, text, download apps, and even pay for items at select locations.<\/p>\n

And more and more, consumers are getting on the smartphone bandwagon\u2026<\/p>\n

According to Juniper Research, it\u2019s estimated that by 2016, one billion smartphones will be sold every year. That\u2019s double the number sold now.<\/p>\n

However, just as smartphones will be bought up in droves around the globe over the coming years, not everything about them is loved by all.<\/p>\n

In fact, if there\u2019s one thing people hate about them, it\u2019s mobile advertising.<\/p>\n

Yet, like it or not, this despised mobile business is growing even faster than the annual sales of smartphones themselves.<\/p>\n

Perhaps the Only Good Thing About Mobile Ads<\/strong><\/h2>\n

I don\u2019t know many people who actually enjoy getting ads \u2013 especially on their phones.<\/p>\n

But publishers and broadcasters need to pay their bills. (How do you think we\u2019re able to make Investment U<\/em> free, after all?)<\/p>\n

Ads are just a necessary part of the business. And like it or not, the mobile ad business is booming as smartphone sales continue to soar higher.<\/p>\n

IT research firm, Gartner<\/strong> (NYSE: IT), predicts that revenue from mobile advertising is set to reach $20.6 billion worldwide by 2016. That\u2019s a 522% increase from the total revenue brought in just last year.<\/p>\n

But that\u2019s not all.<\/p>\n

The best part about mobile advertising is that private investors are loving its growth prospects, too.<\/p>\n

In 2011, venture capitalist investments in mobile marketing and advertising increased five-fold from 2010 to $592 million.<\/p>\n

So who exactly is making money from this?<\/p>\n

The two main players in the mobile ad market are Google<\/strong> (Nasdaq: GOOG) and Apple. Together they account for 57% of the mobile advertising market.<\/p>\n

However, there\u2019s a little-known company that\u2019s the independent leader in mobile advertising and data, a company that\u2019s also set to benefit as the mobile ad market continues its surge upwards.<\/p>\n

That company is Millennial Media<\/strong> (NYSE: MM).<\/p>\n

A Pure Play on Mobile Advertising<\/strong><\/h2>\n

Millennial Media has been the subject of a number of recent research reports.<\/p>\n

For example, ThinkEquity initiated coverage on shares of the company in late July.<\/p>\n

Shortly before then, analysts at Canaccord Genuity initiated coverage on shares of MM in a research note to investors in June.<\/p>\n

Also, Goldman Sachs<\/strong> (NYSE: GS) gave the company a \u201cBuy\u201d rating in May, predicting shares will reach $19, up from the $11.53 per share as I write.<\/p>\n

That\u2019s a potential gain of 64%.<\/p>\n

All in all, Millennial Media is a company that\u2019s set to rise should all of the predictions about mobile advertising become truth.<\/p>\n

And if you\u2019re a believer, why not pick up a few shares of the company that\u2019s the purest, and biggest, play on mobile advertising around?<\/p>\n

Good Investing,<\/p>\n

Mike<\/p>\n

\n<\/a> <\/a> <\/a> <\/a> <\/a>\n<\/div>\n

<\/p>\n

Article by Investment U<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"

Article by Investment U Ever since Apple (Nasdaq: AAPL) invented the smartphone, the cellphone has never been the same. Today, smartphones allow us to not only make calls, but surf the web, watch video, email, text, download apps, and even pay for items at select locations. And more and more, consumers are getting on the … <\/p>\n

Continue reading “How the Mobile Industry\u2019s \u201cMost-Hated Business\u201d is Set to Grow Five-Fold By 2016”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-32138","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/32138","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=32138"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/32138\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=32138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=32138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=32138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}