Friday, April 29, 2011

Worldwide Mobile Phone Market Grew 20% In Q1 2011, Fueled By Smartphone Boom

According to research firm IDC, the global mobile phone market ballooned in the first quarter of this year, growing 19.8 percent year-over-year, mostly due to the meteoric rise of smartphone shipments, especially in emerging markets. According to the firm's Worldwide Mobile Phone Tracker, vendors shipped 371.8 million units in Q1 2011 compared to 310.5 million units in the first quarter of 2010. IDC posits that smartphone growth worldwide, particularly in Asia/Pacific, Middle East, Africa and Latin America, helped lift the overall market to a record first-quarter high.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/lR4dpRIk1j8/

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