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	Phil's Blogservations Tuesday, January 27, 2004 Posted by philgomes 11:07 AM Three-And-A-Half Bellagios Of Ringtones Three-And-A-Half Bellagios Of Ringtones Formerly with SG Cowan and now with Crimson Ventures, Drew Peck was the first person I had heard who had suggested that the "Bellagio" could be an economic unit unto itself. Thinking that the word "billion" lost its power in the popular imagination, he believed that the nine-zero magnitude was best visualized by picturing the billion-dollar Vegas hotel (or several copies thereof) instead. His example at the time — about two or three years ago at The Churchill Club — was Cisco's reported $2.3 billion in post-bust back inventory. Imagine how hard you'd have to work to unload 2.3 Bellagios on someone! In that spirit, consider that people spent about 3.5 Bellagios on cellphone ringtones! Reuters News Service, 14 January 2004 - Sales of mobile phone ringtones, those tinny song recordings programmed into millions of cellphones around the world, jumped 40% in the past year to $3.5 billion, according to a study released yesterday. Source: Reuters by way of ITWeb. HOME | OBSESSIONS | FAQ | HEROES | CAREER | BLOG | CONTACT Note that the views expressed on this site do not necessarily reflect those of Phil's employer, its business partners, its clients, or anyone or anything that doesn't come from Phil.	ABOUT THIS BLOG This blog not only discusses PR and media matters, but Phil's everyday observations about a variety of topics. EMAIL phil[at] philgomes[[dot}]com SYNDICATE Feedburner ARCHIVE YAHOO! IM SKYPE WISH LIST PITCH POLICY MY PHOTOS www.flickr.com Photostream RSS Enter your Email Powered by FeedBlitz COMMENT AND TRACKBACK POLICY Comments and trackbacks are unmoderated, though I will delete the patently offensive ones. Any comments and trackbacks are the opinions of the individual writer of those comments and trackbacks, and not those of Phil Gomes, his employer, its clients, or its business partners. If you have a bone to pick, bug the people who wrote the comment or trackback.