There are now more than a billion smartphones in use
With smartphone penetration rate in the United States and in various other markets recently passing the 50 percent milestone, the number of active smartphones in use globally has hit a major milestone of more than one billion units. So-called feature and dumb phones just a couple years back used to dominate the landscape and sales. It all changed with the January 2007 introduction of the iPhone, which renewed interest in smartphones and fueled demand that hasn’t slowed since....