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With smartphones still only making up 27% of global phone shipments (according to VisionMobile),...

With smartphones still only making up 27% of global phone shipments (according to VisionMobile), there's still plenty of room for long-term growth. However, current sales are heavily weighted towards developed nations. And that means the developed world's macro problems could easily do a number on near-term demand, as some already fear (I, II) in the wake of HTC's warning. (Gartner data)
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