No, I mean single core, like the MSM-7227(A, which simply refuses to exit the market. Also, Mediatek is very much advertising having a modem, and nV's next chips will, too. They had a good run with that, but integration always stuffs more in the die.
Chips like Mediatek's here aren't that level, today, but they are likely on track for similar wide adoption by getting progressively better supported and cheaper, over time.
Because it's a phone first, web browser second, terminal client third (and not that for most people), Angry Birds host fourth, and web browsing is the only really CPU intensive task of those three things? It's fine to want more, better, sleeker, etc., but just as people happily drive cheap cars, use cheap notebooks, cheap desktops, etc., there's also a sizable market for cheap smart phones. 4 cores is half advertising, but it won't hurt, and it was probably almost free in the scheme of things for Mediatek, so why not?