Billions of Smartphones Means...Mo' Money!

Read/WriteWeb - October 17, 2012 by Dan Rowinski

The first modern smartphone is generally considered to have been the Nokia Communicator, released in 1996. It was large and clunky, had a flip keyboard and a awkward antenna. Boy, how things have changed. Multiple companies now churn out increasingly amazing models with incredibly slick designs, intuitive features and hundreds of thousands of fun and useful apps. A billion people around the globe now have supercomputers in their pockets. The implications are dramatic and only beginning to be understood.



According to a new report from Boston-based Strategy Analytics, the global user base of smartphones surpassed one billion for the first time at the end of the third quarter of 2012. The report states that 1.038 billion smartphones in use, up from 959 million at the end of the second quarter and close to 300 million more than the 708 million counted at the end of the third quarter last year.

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