The following video is part of our "Motley Fool Conversations" series, in which consumer goods editor and analyst Austin Smith and developer Chris Bledsoe discuss topics across the investing world.
In today's edition, Austin and Chris talk about the disappointing announcement that there will not be a new Xbox unveiled this year. These two actually aren't upset by the news, though, and think Microsoft (NAS: MSFT) doesn't actually need a new device. With penetration so high, amazing holiday sales numbers, and media consumption changing dramatically, they're happy to see the 7-year-old product reinvent itself as a media center without Microsoft having to spend the time and resources to develop a new console.
Big tech names might garner a lot of investor attention, but the truth is that they're playing second fiddle to an even larger revolution in technology. To better prepare investors for this new revolution, The Motley Fool has just released a free report on mobile called "The Next Trillion-Dollar Revolution" that details a hidden component play inside mobile phones that also is a leader in the exploding Chinese market. Inside the report, we not only describe why the mobile revolution will dwarf any other technology revolution seen before it, but we also name the company at the forefront of the trend. Hundreds of thousands have requested access to previous reports, and you can access this new report today by clicking here -- it's free.
At the time thisarticle was published
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.