Mobile apps 'to see $6BN in revenues, Gartner says

11:38 19th January 2010

Applications, or apps, for mobile devices will see revenues of $6.1 billion this year, which would represent an 82 per cent of all downloads this year and for 87 per cent of all downloads in 2013, market analyst Gartner was quoted as saying.

"As smartphones grow in popularity and application stores become the focus in the value chain, more consumers will experiment with downloads," Gartner research director Stephanie Baghdassarian was quoted as saying by Computer Weekly.

Ms Baghdassarian went on to say that games will remain the most popular product among apps, while mobile shopping and productivity tools will also gain momentum.

In other news, micro blogging website Twitter has lost its opportunity to become profitable, according to Jason Falls, a social media consultant and blogger on socialmediaexplorer.com.

"I think they've waited way too long to build a hugely profitable business model, but there are derivatives they can grab onto," he said.

Written by Hannah James

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