Google’s Eric Schmidt predicted that in the next 12 years smartphones will cost a mere $20. The million dollar question that we have in our mind is “How is it possible ?”, it’s simple actually, with any business model scale what matters. The more units vendors able to sell the more cheaper they are able to produce the units, in this case Schmidt predicted that the number of mobile users worldwide will reach 5 Billions. In other words every single human living in planet earth will have a mobile phone, considering the pace of mobile phone adoption, this comes as no surprise.
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