This document summarizes hot trends and not-so-hot trends in mobile. Some trends that are hot include couponing/in-store apps, larger devices like tablets driving conversion, customer relationship management and repeat purchases, video content and ads especially targeting younger audiences, and improved targeting capabilities including geo-targeting and geo-fencing. Some trends that are not hot yet include mobile social networks not truly being social experiences, lack of breakthrough ad units, need for easy and secure mobile payments, and inability to accurately track mobile users to retail purchases.