Mobile Phone

“That day, on April first, 2001, There were one million mobile phones in India, and there were seventeen million landlines. One year later, there were eighty-three million mobile phones in India, and seventeen million landlines, and we have never looked bad.”

“Every single year is 1.2 billion phones are purchased.”

“Then suddenly you are in an industry like mobile phones where if half, 40% of your sales don't come from new models launched that year, you are dead. It's over.”

“AI is, I'd say, uniquely different from some of these previous ways, in an important way, which is, you know, personal computer, or internet, or mobile phone. All of these had a, one of two things, or often both. One was a big hardware component, of like, yeah…”

“If you see the reciprocal tariff, even on mobile phones, it's, you know, in it's 16 and a half percent. Right. So if anything coming into India is, there is a duty of 16 and a half, going to US as of now is zero percent.”

“So as of now, they have structured it for, let's say, components, which are high in value, let's say, which covers 70 to 75% of the mobile phone.”

“10 years ago, like, the mobile phone form factor, as amazing as it was, this is 2015, was like, already saturated. Like, that was what it was gonna be.”

“A lot of people failed early in mobile, including us by just taking our web stuff and putting on the mobile phone and being like, oh, like, the mobile phone, it's just like, we'll just put the web there. But because it wasn't native to what the phone was, and …”

“Well, I guess, you know, from that perspective, I think, let's say, maybe 1015, 20 years, that's what we may be looking at. As wearables become more advanced, as you're able to put more processing power into smaller things, I believe that the phone will become…”

“I think AI will become ultimately the best educator on the planet and the best diagnostician on the planet available on your mobile phone. And I think that educator Again, the best on the planet will be available for free to the poorest child and the wealthies…”

“Mobile phone, I'm very clear because it's a feature-led, camera-led. Camera is dominating, let's say, mobile as a category. Because that's the consideration set for new generation as well as for everyone.”

“People say windows, Microsoft missed mobile phones. They didn't miss mobile phones at all. They had mobile phones in the late nineties. They had very good ones in the early 2000.”

“Apple sells from memory sort of 10 or 15% of all the mobile phones on Earth. They sell, however, they have probably over 50% of the revenue and probably three quarters or more of the profit. They have 25% of the install base.”

“About 80% of India now has access to a mobile phone. A couple of decades ago that was just 10%, and so we've not just seen an increase in consumer surplus here, but we've seen, like, a tremendous reduction in inequality of access that just doesn't get picked u…”

“I think there's going to be this compounding. We're actually at the very beginning. Like, when people talk about the mobile phone and this arrival, it's not the end. It's the beginning, and the compounding effect hasn't even begun yet.”

“75% of all our orders, transactions now happen on mobile phones.”

“And then came the mobile phone, which, in the form of the smartphone, has dwarfed them all.”

“Video, you know, TV is going to move to the mobile phone. HBO has already gone unbundled. Sports is going to go unbundled.”

“With the advent of mobile phones, it's now possible for those same armies of people to earn a living doing services. And you know, that's what I refer to as a people marketplace. They're service marketplaces build up around independent contractors.”

“The destiny of every Piece of hardware is ultimately to integrate with a mobile phone or many of them.”

“So there's three billion smartphones, five billion mobile phones, maybe five and a half billion adults.”

“Now this is gradually shifting to mobile, and in fact I would argue it's quickly shifting to mobile, and the interesting thing is that everything in your wallet today Except for cash can soon be placed on your mobile phone.”

“So there are about four billion people on earth buying a phone every two years on average, as opposed to about one and a half billion PCs being replaced every five years, so the phone business is bigger, and it's getting replaced, it's converting from feature …”

“And in fact, if you want to find a manufactured product that has the same kind of scale as mobile phones, you really need to look at things like shoes or toothbrushes. There's no other kind of sophisticated manufactured product, certainly no other electronic p…”

“You are starting to see people at the margins of the mobile industry now for whom a mobile phone is the first electrical device they've ever owned. Not the first electronic device, the first electrical device that they've ever owned.”

“As you get, see more and more technology and mobile phones diffuse into how everybody works and how everybody lives, we'll start to see new use cases and we'll start to see a secondary boom.”