Worldwide Smartphone Sales to Hit 1.5 billion in 2017: IHS Report
Worldwide smartphone shipments is expected to reach 1.5 billion units by 2017, up from 712 million in 2012, according to a new report from IHS Inc. The Mobile & Wireless Communications Report revealed that smartphone shipments will reach 897 million units this year and will expand at a compound annual growth rate of 15.8 percent every year until 2017. That equates to 1.1 billion units in 2014, 1.2 billion units in 2015, and 1.4 billion units in 2016.
At the same time, Apple’s iPhone may be hitting a brick wall.
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