Meeker: People are flocking to mobile, but where's the money?
It's no secret that more of us are picking up Web-connected mobile devices. But the growth with which that's happening is nothing short of impressive.
At the D10 Conference today, Kleiner Perkins Caufield Byers (KPCB) partner Mary Meeker revealed that at the end of 2011, there were 1.1 billion mobile 3G subscribers around the world, representing 37 percent growth over the prior year. The strongest growth came in India, where year-over-year subscriptions rose 841 percent. In the U.S. -- a market much closer to the saturation point -- 3G subscribers rose just 31 percent.
Despite that, … Read more