The following video is part of our "Motley Fool Conversations" series, in which Motley Fool senior technology analyst Eric Bleeker and chief technology officer Jeremy Phillips discuss emerging trends in technology.

In today's edition, Jeremy and Eric look at a mobile profit play you can't ignore: emerging-market growth. Recent earnings from Qualcomm highlight the explosive opportunity present, with the company projecting 1.5 billion new 3G devices coming online in emerging markets through the next four years. That's increasingly fueling growth in the mobile space and means an investor not watching the emerging market picture is missing a huge piece of the mobile story unfolding before our eyes.

Both Eric Bleeker and Jeremy Phillips own shares no companies listed above.

The Motley Fool owns shares of Qualcomm, Apple, and Google. Motley Fool newsletter services have recommended buying shares of Google and Apple and creating a bull call spread position in Apple. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.