Math Proves that 68% of People Will Own an iPhone

iphoneAnalyst Horace Dediu has used the power of math to find that 68% of the general public will own an iPhone at some point. Here’s the math behind it if you don’t believe Dediu:

An alternative is to use the following formula derived from the linear interpolation of the two measured market shares. iPhone market share is y/(1+y) where y=0.21x and x = F/(1-F) and F is the expected market penetration of smartphones.

So if F = 91%, x = 10, y = 2.11 and therefore the iPhone market share = 68%.

If that doesn’t prove to you it’s true, what will?

Read more at cultofmac.com.