Mobile TV is just getting launched in some parts of Europe and the US. AT&T (NYSE: T) will kick off its new offering in the US later this week. According to The New York Times, "Mobile operators across Europe and the United States are investing in new broadcasting towers, mobile devices, and television programming and promotions, even though it is not yet clear that profit will follow."
Just how many devices are people going to use to view video? There is the TV, powered by the Unbox, cable, telecom fiber, AppleTV (NASDAQ: AAPL) and digital recording devices. TV users can also get satellite TV. All of this costs a lot. Are people going to add another $25 a month for broadcasts to their cellphones?
People just walking around town can use their iPods or iPhones.
The PC is now a good place to watch movies. On a typical airline flight or train ride dozens of people are plugged into their computers watching the Scottish defeat the English in Brave Heart.
Cell TV has two problems. It is late to the video device game meaning it faces huge competition. And who wants to watch movies or the news on a one-inch square screen? The battle scenes are very hard to make out.
Douglas A. McIntyre is an editor at 247wallst.com and writes the Ten Stocks Under $10 letter.