Facebook finally files to go public: did we ever have any doubt?

We all new the day would come, though no one was ever able to predict when. But, it seems Mark Zuckerberg finally got tired of everyone speculating about the value of the Book, and decided to put a price tag on it himself: $5 billion! Not too shabby.

The new speculation, of course, is does that dollar figure over-value the social networking phenomenon, or will it follow the path of the Google’s before it and prove everyone that Zuckerberg and team were actually airing on the side of conservative? Only time will tell!

The decision to go public may have been prompted by the expectation that Facebook will probably hit its 1 billionth users this year, and that they turned a tidy profit of $1 billion last year. Another very interesting fact to come of the filing for an IPO, is that about 80% of the Facebook fan fare is based outside of North America. Weird? We at Plastic Mobile were positively baffled by this stat, since no one we know isn’t sharing, posting and chatting on Facebook – except for one guy. But, he still uses Explorer as his web browser.

One final tid bit of interest we read in PCWorld stated Zuckerberg is not only chairman and CEO, but he has also included a clause to allow him to name his successor if he is still the company’s controller upon his death: “In the event that Mr. Zuckerberg controls our company at the time of his death,” Facebook’s S-1 filing says. “Control may be transferred to a person or entity that he designates as his successor.” Reports from The New York Post and Bloomberg Businessweek suggested that analysts found this mighty strange, but one thing is for certain; Mark Zuckerberg is, and will remain, Facebook’s reigning king.

We’re standing by to learn more about the over-under value debate and to see where this major moves takes the world of Zuckerberg, err, Facebook.

This week, the Internet marketing research giant and data specialist, comScore, released its MobiLens service data, revealing key trends in the Canadian smartphone industry. As of September 2011, eight million Canadians owned smartphones – a figure representing 40% of the total mobile market in Canada. The highly anticipated data reveals that the Canadian smartphone adoption rates are increasing aggressively; with a seven per cent increase in just the past six months! One surprising fact to come out of the comScore data was that RIM still leads the pack with a 35.8% market share, albeit, followed closely by Apple’s 30.1%. Also, although Google’s Android is sitting in the number three spot with only 25%, it is important to note that Android has doubled its market share during the last six months; corresponding fluidly with the global surge in Android device purchases within the past few months. (FYI: Android gobbled up more than half of all global smartphones sales in Q3 alone!) The dying fossil Symbian is ranked at the fourth spot, with 4.2%, followed by the new kid on the block, Microsoft (at 3.2%).

In terms of content use, it seems Canadians are using the phones to consume a very wide and diverse range of content and information, and of course to no surprise, the smartphone users are outdoing the feature-phone users in every form and aspect of mobile content consumption, as shown in the chart below.  With such a fast pace of smartphone adoption and such diverse and broad range of smartphone use, the Canadian market is shaping to be the perfect place for businesses to embrace mobile technology and provide the added comfort and value that the Canadian consumers are soon going to automatically expect.  Instead of waiting for mobile access to become a mainstream consumer service before you invest the necessary resources, which you will inevitably have to do, we suggest hopping on the mobile train in its relative infancy, and taking advantage of its current indie and avant-garde profile to garner some serious respect and up your street cred, or as we say in the marketing world “gain some competitive advantage by becoming and early adopter.”  For being so forward thinking.

Plastic Mobile team had a great trip to South by Southwest Interactive. Austin, TX was buzzing with over 20,000 people traveling from around the world to attend the festival. We hopped from one panel to the next keynote speech to the various industry parties. Most importantly, we enjoyed connecting with talents in the digital space.

Over the last few years, SXSW has become a launch pad for many start-ups. Social networking tools like Facebook, Twitter, Foursquare, etc all got their popularity boost from this festival. For the sake of mobile, here are some highlights from this year’s SXSW:

1) Group Messaging: Before the festival began, the hot thing expected for 2011 was ability to message an exclusive group of people. After SXSW, we still don’t think group messaging got its sex appeal (yet). It’s still a tool that people will find useful on the specific occasions. Beluga, Fast Society, Kik, Yobongo, and GroupMe were all contenders in the group messaging app battle. According to an infographic published in TechCrunch, GroupMe won at SXSW. Now, I’m not sure if the results were skewed since GroupMe were serving free beer and yummy grilled cheese sandwiches. Marketing is king at SXSW.

2) iPad 2: Opening day of SXSW fell on the same day that the iPad 2 became available in the US. Apple made it convenient for the fellow SXSW tech aficionados to get their hands on the latest tablet by opening up a pop-up store in the heart of downtown Austin. Yes, iPad 2 was heavily talked about at the festival. Plus, we saw a lot of tablets being held up in the air, as people were testing out its camera feature. (I hope this doesn’t become a trend) As expected, the iPad 2 was pretty much sold out…well, they only had 64G version in Austin.

3) Mobile app creator. Everyone wants to create a mobile application. Many bloggers and online publications have the influence but not the budget to invest on a mobile application. New platforms are coming out help alleviate that problem – so people can produce high-quality apps at an affordable price. Plastic Mobile will soon be launching its mobile platform called Joomo (pronounced “You-Mo”). It’ll create applications for all platforms on smartphones and tablets based on a site or blog. Learn more about Joomo by checking out our site (it’s in beta): www.joomo.com

4) QR Codes: The movie Source Code with Jake Gyllenhaal premiered at SXSW. Microsoft was a sponsor and used its Tag technology to promote the film. Essentially, Microsoft Tag is a form of QR Code where you scan the barcode and it’ll direct you to a specific site. The Source Code tag, took its users to a social game on Facebook. The game itself was based on the movie. Are we seeing a new trend for Hollywood in order to promote its films?

5) Deals: As Groupon leads the race on the daily deals space many other mobile applications are jumping on the bandwagon. Facebook has announced that they are testing daily deals in a few US cities. The co-founder of Foursquare, the geo-location mobile app, said in a SXSW presentation that they are aggressively looking into offering more deals for its users. All I have to say, let’s move away from the discounts on spas, massages, or bootcamp sessions. New deals please!

Google has finally launched the much anticipated Nexus One phone that runs the Android operating system.  With Google’s history of market domination, is their entry into the phone market going to follow foot steps of their entry into the search engine market?

An HTC-built phone has a new tweaked and updated Android interface with a great sleek design but is it really the Google product that the world has been waiting for?

Hardware

• 1GHz Snapdragon processor, 512MB RAM, 32GB-capable microSD slot, a 3.7-inch AMOLED capacitive touchscreen display at 800×480, a 5-megapixel camera with LED flash and 720×480 video capture @ 20FPS, dual microphones for noise canceling and a trackball.
• Ultra-thin body
• Sleek curved edges
• Unmistakably and HTC device but there are plenty of design cues that scream Google.

Software

• Runs on Android 2.1
• Cool graphics and animated effects. (I only worry that this may hinder performance and speed but I can not tell just yet)
• Voice recognition that lets you speak into almost all fields.  This means you can dictate text and email messages.
• It’s fas. Partly from the Android 2.1 operating system

Battery Life

• Comparable to other similar devices and so far not complaints on battery life

Cost and Payment plans

• Unlocked for $530 or subsidized, with a T-Mobile contract for $180

The feature set seems impressive and the OS has some great applications and features that make Nexus One a good contender.  Would I trade in my iPhone for this device?  I still prefer the full touch screen capability of my iPhone, its sleek design and the 100,000+ applications that virtually let me do anything I can think of on my iPhone.  I am still waiting for “THAT” device that compels me to switch my iPhone ways.