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Mobile App Stores a $3.8 Billion Biz in 2011

IHS iSuppli says that sales at the app stores owned by Apple, Google, Nokia and RIM will increase 77.7 percent this year.
May 4, 2011
By

Datamation.com Staff







Cnet: Market research firm IHS iSuppli has released a new report that predicts that sales at the app stores owned by Apple, Google, Nokia and RIM will increase 77.7 percent this year, reaching $3.8 billion. They forecast that by 2014, app sales could hit $8.3 billion. In 2010, sales at the apps stores totaled $2.1 billion.

Apple's App Store alone should have $2.91 billion in revenue this year, accounting for what the report calls "a gargantuan three-quarters share of the total market."



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