Gold rush! Big money seen for iPhone, smartphone app developers

23 Sep 2009  //  no comments  //  Misc.

A gold rush for developers who build applications for the iPhone and other smartphones is in the works, with U.S. revenues from smartphone apps expected to increase by a factor of more than 10 through 2013, to $4.2 billion.

That estimate, from Yankee Group Research Inc. in Boston, was calculated using the following factors: growth in smartphone unit sales, which Yankee Group expects to quadruple between now and 2013; an expected increase in the number of smartphone applications, and a projected jump in the average price of a single app from $1.95 today to $2.37. Yankee Group expects the number of smartphones sold to grow from 40 million in 2009 to 160 million in 2013.

Gold rush! Big money seen for iPhone, smartphone app developers

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