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ABI: Cumulative Mobile App Revenues To Exceed $30B By End Of 2012, Nearly Double 2011 Figure; Now “Major Digital Industry”

Analysts are finally recognizing apps as a major economic industry rather than a short-term fad.

How much money have mobile apps made? By the end of the year the cumulative revenues of the global mobile app market will have exceeded $30 billion, says analyst ABI Research. This figure includes money from pay-per-download apps, in-app purchases, subscriptions and in-app advertisements — the whole app kit-and-caboodle if you will.

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