J today came to me and asked me: "do you think that it is too late to try to make money with an iPhone app? The store has been online for 2 years now".
To which I replied: "it's been only 2 years! So many new technologies among others come out and last for a while. I think that 2 years is nothing! There is a lot to be made there."
So, back I went to the computer and make another research. This is what I've found:
In 2009 $ 4.2 billion dollars where made in sales of Apps.
What is the projection you may be wondering...
In 2010 they estimate that $ 6.8 billion will be generated and $ 29.5 billion by 2013 (*)
Too late? NOT AT ALL!!!
"As smartphones grow in popularity and application stores become the focus for several players in the value chain, more consumers will experiment with application downloads," Stephanie Baghdassarian, research director at Gartner, said in a statement.
(*) Gartner Research
Keeping track:
How long has it taken us to develop an iphone application?
90 hours, so far.
How long does it cost to build an iphone app?
$ 5,400 - still unfinished.
That's it for today, I'll keeping on blogging!
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