Mobile Apps Sales to Hit $17.5 Billion by 2012

Put it down to the iPad effect if you like, but it's not the whole story. A study commissioned by independent app store Getjar predicts that the mobile apps market will be worth $17.5 billion in just two years, with downloads up from 7 billion last year to 50 billion by 2012. The rocketing figures won't just increase the Apple share price, however, as the study expects a whole host of new app stores to appear over the coming months, although not all of them will survive in the long haul.

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