analyzed what would finally kill the iPod, and the requirements I said needed to exist on this mythical device was:

• Media player
• Good quality video camera
• Large amount of storage space
• Doubles as a cell-phone
• Easy access to a store to get new media (free and purchase)
• Always-on broadband internet access
• Allows access to media sharing services like Flickr and YouTube
• Exchange integration with “Push” email
• Access to GMail, Hotmail, and Yahoo accounts
• Has to be “cool” and easy to use

And my prediction for who it would be?  Microsoft + Yahoo.  Oh man was I wrong. C’mon, Microsoft had the most feature rich mobile OS at the time, they had to be the top contender, right?  Not even close.  Windows Mobile is pretty much exactly the same as it was back then, and they really missed the boat.  I didn’t even figure Google into the equation, and they stand a much better chance to beat out Microsoft with Android.

Well, it looks like the iPod has finally been replaced by its cousin, the iPhone.  I just finished watching the Apple SDK announcement presentation and it’s very clear that it is going to be a revolutionary platform for mobile devices.  Don’t believe that?  Venture capital fund Kleiner Perkins will disagree with you too.

It’s just a reminder that you have to innovate to stay on top.  Nice work Apple.

Who remembers two years ago when Yahoo was rumored to be buying Facebook for $1 billion and people thought Y! was crazy. Then, Facebook said “No, we’re holding out for $2.5 billion?”, and people thought FB was absolutely nuts? Well, fast-forward the clock, Facebook is now open, not only to non-college students, but also “open” as in an open development platform that anyone can develop applications for. Now, Microsoft is considering buying them…

Microsoft Is in Talks To Buy Facebook Stake – WSJ.com

One estimate puts FB at a $10 Billion (Yes, with a B). At first, that seems like an insanely high number, but then factor into the equation FB’s goal to create a social map of the world and their business savvy leaders, and well… ok, $10 Billion still seems insanely high. But hey, if M$ wants to spend that much money, they can, and people will call them crazy, like they will. Read on and you’ll find this gem, “Facebook has indicated that it might hold out for a higher valuation – as much as $15 billion” WTF?!?! $300 Million (profit) / $15 Billion = 50 P/E ratio. And FYI, Google’s P/E ratio is currently at 48.

So there you go Google, Facebook considers itself more valuable than you, go get ‘em.