Smartphones in Use Surpass 1 Billion, Will Double by 2015

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The number of smartphones in use globally crossed 1 billion for the first time in the third quarter and will double by 2015, after the introduction of Apple Inc.’s iPhone fueled demand, according to Strategy Analytics.

The number reached 1.038 billion in the three-month period, a 47 percent increase from a year earlier, the Boston-based industry researcher said in a statement today. That translates into one in every seven people worldwide owning a handheld device that works like a computer, according to the statement.