App Stores is a billion dollars business

According to the analysts from Gartner (a research firm), mobile application stores are estimated to generate revenues of $7 billion during this year. Last year revenue from mobile applications’ download reached $4.2 billion. The analysts predict that mobile application stores’ will grow and grow, to finally by the end of 2013 make $29.5 billion. So far, this mobile world dominates Apple, which has 99.4% of the market.