“This industry did not exist in 2008, but in the last year, $18 billion in revenue was generated from mobile apps,” Khalaf said. “It’s taken the web about 16 years to get huge, but mobile is matching that in about four.”

Read more at http://venturebeat.com/2013/01/18/the-mobile-app-economy-is-exploding-so-what-else-is-new/#G29UPzvWtWRFszzM.99
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