SMS bigger than Movies, Video and Software

Ajit Jaokar quotes Tomi Ahonen: “Total SMS revenues in 2005 were about 75 Billion USD. To put it in context, Hollywood box office is a bit below 30 B USD. Global music industry revenues are about 35B. Videogaming, consoles and all software are about 40. And the total value of all laptop computers sold in 2005 was about 65 B USD. SMS alone earns more than any of those industries…. And SMS is still over 90% profit. Do we love this industry or what?”

Published by

Rajesh Jain

An Entrepreneur based in Mumbai, India.