IDC SAYS SMARTPHONE MARKET GROWS 79.7% YEAR-OVER-YEAR IN Q1
According to the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, the worldwide smartphone market grew 79.7% year-over-year in the first quarter of 2011. Smartphone vendors shipped a total of 99.6 million units in Q1 of this year, nearly double the 55.4 million units in the first quarter of 2010. IDC attributes the growth to a combination of vendors releasing highly anticipated models, widespread availability of older smartphones at lower prices, and sustained end-user demand.
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