$35 Billion in Mobile App Sales by 2014

iPhone 4

Mobile Apps

A report by the research firm IDC stated that mobile app downloads will increase 60% a year, creating more than $35 billion in sales by 2014. It’s no surprise that we’ve entered a new generation of application consumption, with over 400,000 available mobile apps between Apple and Android marketplaces. With so many choices a few finger taps away, the popularity of instant use apps will only continue to rise.Read more at Bloomberg.com

Author:

Shelly Palmer

Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).