The latest “Internet Trends” report of Morgan Stanley was presented by Mary Meeker at Events@Google on April 12. The focus is almost 100% on mobile internet and social Networking.

Some Highlights:
•    The mobile internet will be bigger than desktop in five years.
•    There are five tech cycles in the last 50 Years: Mainframe Computer (1960s), Mini-Computing (1970s), Personal Computing (1980s), Desktop Internet Computing (1990s), and Mobile Internet Computing, 2000s (began Two Years Ago).
•    3G coverage is available to at least 20% of the world's mobile users.
•    Companies and brands will continue to leverage social networks for fans and for revenue.
•    Video is driving the rapid growth in mobile internet traffic.

Here you are the Internet Trends Report