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Smartphone users top 1 billion, five years after release of iPhone: report

NEW YORK -- Five years after the release of the iPhone, there are now over a billion smartphone users worldwide, according to a report released Wednesday.

U.S. research and consulting firm Strategy Analytics said the number of users topped one billion in the third quarter of 2012, with one out of every seven people worldwide carrying one of the devices.

The first smartphone, the Nokia Communicator, came out in 1996, but demand for the devices exploded after the release of Apple's iPhone in 2007.

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