Worldwide Business Smartphone Shipments reached 116.8 million units shipped in Q4 2015, an increase of 24.3% from the previous quarter, and 12.7% increase from Q3 2014. Over the past 4 quarters, worldwide business smartphones grew at 7.3% CAGR. Worldwide, Personal Liable smartphones are still the dominant type of business smartphone, with over two-thirds of shipments falling into this category, versus 34% of shipments being corporate liable.