M-commerce Sales Via Smartphones Hit $8 Billion in 2012

U.S. consumers made $8 billion worth of retail purchases via smartphones in 2012, 3 percent of total e-commerce sales, Forrester Research Inc. says. Smartphone-based retail sales will hit $12 billion, 5 percent of total e-commerce sales, in 2013; $17 billion, 6 percent, in 2014; $22 billion, 7 percent, in 2015; $27 billion, 8 percent, in 2016; and $31 billion, 9 percent, in 2017, the firm predicts.

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