Students praise virtual high school. It cannot be denied that we are in the midst of a slowing economy, as evidenced by a number of e-commerce failures and general tech weakness. But m-commerce, a relatively new buzzword, may be offering new hope to those investors who haven't yet given up. They have become a new and powerful shopping tool. Although mobile devices offer small, low-quality imagery, their proliferation makes many skeptics listen.
Wireless phones are already more widespread than desktop computers.
There will be more than 1 billion mobile phone subscribers by next year. Within four years, more than 350 million people will be regularly accessing the Internet from wireless devices. According to a recent report by Morgan Stanley, more than half the revenue of wireless operators will come from mobile commerce by 2008. Currently, items that do not have to be touched top the mobile commerce sales list. Books, electronic devices and software are the most demanded products by mobile shoppers.