Smartphones will rule the world. Money quote: “The title of a slide used in Clifford’s presentation was “Brands are Transitioning From the Desk to the Hand.” The slide contained a who’s-who list of Internet properties, including Google, Yahoo, eBay, and the usual suspects, and was making the point that the PC is not the only avenue to the Internet.”

Yeah. That’s why we put so much effort into iPhone. And yeah, for the record, we knew this was going to happen a long time ago.