CHART OF THE DAY: Why People Watch Video On Their Smartphones

This chart comes from Business Insider Intelligence, a new research and and analysis service focused on the mobile and Internet industries. Sign up for a free trial here. Video consumption on mobile phones has grown faster than PC video or tablet video in the last year, and 41 million people in the U.S. already watch video on their phones. That contradicts the views of doubters who thought phone screens were just too small for video, or that wireless networks would never support it. Why are peop...