Thursday, May 5, 2011

This year Mobile apps Profit expected approximately $3.8 billion



  Rovio’s Angry Birds success gives good indication where the mobile app business is heading this year, and taking into account the profitable  of smart phones, it ultimately signals one boom in the apps market for this year.


 According to news agencies, they released a report today saying that we’ll be seeing the mobile apps business raking is  approximately $3.8 billion in the revenue by ending this year. The figure takes into account that the app stores owned by companies like RIM, Nokia, Google, and Apple, will grow by 77.7 percent this year alone.

 Looking to the future, the business is surely to looking upwards since it’s projected to eventually hit the$8.3 billion mark by 2014. Without any doubt, it goes to show that there is plenty of business sprawling in the mobile apps market, especially when the total combined revenues from app stores tallied in at $2.1 billion in 2010, which is double the 2009 figure of $820.6 million.


 We’ve seen some huge hits of certain apps, but it’ll be interesting to see what other ones will be able to replicate the success of some of the industry’s top hits – like Angry Birds success.

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