For the first time that I can remember, there is not a cloud of hype building around the annual Consumer Electronics Show in Las Vegas. In the past, it has been DVD to Blu-ray, MIDs to tablets, HDTV to 3DTV, and just about everything else under the sun.

Does this represent a lull in innovation, that absence of Apple and Microsoft, or just a unique time when consumer products cycles appear to be rather aligned?

To be sure, there will be those touting significant advanced in technology, but as history demonstrates, nothing ever comes to market as quickly as predicted. I call this the 3-to-5 year rule.

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