Technology of the Future

Just a few thoughts from Google CEO Eric Schmidt:

• "The best applications are being built for mobile."
• "The smart phone is the defining, iconic device of our time."
• "Smart phone sales will eclipse PC sales in two years."
• "The web is the biggest platform of them all."

For we in the stock market, it means WinTel (Windows and Intel)  is old tech. New tech, whatever that turns out to be, should lead the next bull market, whenever that is.