From the full year report:"In FY2010 Jumbuck faces continuing...

From the full year report:

"In FY2010 Jumbuck faces continuing business challenges as users transition to smartphones and carriers transition to variable revenue models. These factors are expected to continue to contribute towards revenue and margin pressure"

I was watching JMB as a possible trade, but abandoned the idea when I read that. I would rather hold companies expecting at least double digit growth in EBIT.

I also think their comments may have implications for other listed companies involved in mobile phone content and applications businesses.