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App Revenues To Surpass $100B In Five Years

In five years, app store on track to generate $101 billion in revenue, Bloomberg Businessweek reports, citing new data from App Annie. Meanwhile, Propelled by growth in India, Indonesia, China, Mexico, Brazil and Turkey, “The user base of smartphones and tablets will more than double to 6.2 billion by 2020, up from 2.6 billion.”

Read the whole story at Bloomberg Businessweek »

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