Consumers last year spent $47.5bn on text messages and that number is set to increase by another 10 per cent to $52.5 by 2007, according to Portio Research. By 2012 people will send an unimaginable 3.7 trillion messages, the study projects.
For your reference, people spent slightly more money on SMS messages than they paid Microsoft in 2006 (revenues: $44,3bn).
That's an impressive accomplishment for a technology that has turned millions of people from spelling properly.
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