U.S. homes are overrun with smart devices -- six per household and more than a half billion overall. In the past three months alone, we've seen the "installed base" of smartphone users grow by 9 million and tablet users by 18 million, according to research firm NPD.
This is the sort of breathtaking growth Cisco Systems (NASDAQ:CSCO) talks about when it issues predictions about the geometric rise in mobile data. What does it mean for investors? For one thing, the "connected home" isn't a future idea -- it's here now, and it's changing habits as a result.
In the following video, Tim Beyers of Motley Fool Rule Breakers and Motley Fool Supernova assesses the shift and offers some ideas for how to profit. Please watch, and then leave a comment in the box below. How many devices are in your home? How often are you on a tablet or smartphone? Let us know what you think.
Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team and the Motley Fool Supernova Odyssey I mission. He owned shares of Apple at the time of publication. Check out Tim's Web home and portfolio holdings, or connect with him on Google+, Tumblr, or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.
The Motley Fool recommends Apple, Cisco Systems, and Netgear and owns shares of 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.
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