A new survey says that Hispanic spending on mobile devices over the holidays may have reached up to $5 billion.
Zpryme Research and Consulting surveyed over 500 Latinos on their mood as consumers and intentions to spend money during the holidays and overwhelmingly found a desire to spend.
One out of four Hispanics intended to spend $251 to $1,000 on mobile devices and Latinos surveyed as the most likely to buy tablet devices (19 percent) and smartphones (19 percent).
Ariel Coro, founder of TuTec