A recent reporting about Forrester’s outlook for mCommerce stated . . . “Sales of physical retail goods and services made on smartphones were $8 billion in the U.S. last year, accounting for 3% of online sales and less than 1% of total retail sales. . . . Over the next five years, total mobile sales are expected to grow 33% annually to $31 billion, making up 9% of online sales in 2017.” It should be be no mystery why we have multiple companies in our portfolio that participate in some fashion with this trend. Jeb B. Terry, SR. Jan. 19,2013.
Aberdeen Investment Management – a guide service for micro-cap technology investment