More than a billion smartphones will be shipped worldwide in 2016
Last quarter, Apple sold 2.6 iPhones every second of every day, 24/7. They also sold 1.4 iPads each second also. And depending on who you listen to, Android phones are supposedly overtaking iPhones. Either way, if you combine droid and apple phones that is a lot of phones being sold every second.
"InterDigital (NASDAQ:IDCC) can now count both Google (NASDAQ:GOOG) and Apple (NASDAQ:AAPL) among its suitors. The two tech giants are considering bidding for the company and its patent portfolio. InterDigital has designed and developed many digital cellular wireless products and networks, and owns about 1,300 U.S. and 7,500 non-U.S. patents related to wireless communications technologies. The patents would save Google and Apple billions of dollars royalties for Android and iPhone" http://wallstcheatsheet.com/stocks/mergers-acquisitions-google-and-apple-in-another-wireless-patent-battle.html/