Will the Data Boom Pay Dividends?
Consumer demand for digital broadband is growing quickly. When will investors cash in on the boom?
By RICHARD SATRAN
For investors who want certainty in their portfolio - and that includes virtually everyone - there is growing interest in the companies best positioned to cash in on the boom in social media and mobile computing: diversified media companies like AT&T and Verizon that offer broadband in all forms.
Still, the perils of investing in technology have never been better-illustrated than by Apple's slide over the past six months. High-tech products, even those with transformative properties, have a life cycle like the iPhone's apparent march toward middle age.