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mobile development

Mobile App Revenue reported expected to exceed $30billion by end of 2012

By the end of this year, the mobile app industry will have generated more than $30 billion in revenue since  four years ago, according to a report on mobile markets by ABI Research, a tech analysis firm.

The report takes into account money made from app purchases, in-app purchases (such as upgrades inside video game apps), advertisements inside of apps and also subscriptions.

 

(The app market took off in 2008 when Apple introduced the App Store and invited developers to build apps for the iPhone)

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