John Paczkowski in Mobile on May 4, 2011 at 10:07 am PT
Mobile apps are fast becoming big business, generating a remarkable amount of revenue for something that’s only been around a short while. In 2009, combined revenues for the Big Four app stores–Apple’s App Store, Google’s Android Market, Nokia’s Ovi Store and Research In Motion’s BlackBerry App World–were about $830.6 million, according to IHS iSuppli. By 2010, they’d risen to $2.1 billion. And by the end of 2011, they’re expected to hit $3.8 billion.