“Using data from Apple’s public announcements and AndroLib (an Android app discovery tool), Piper Jaffray’s Gene Munster has analyzed the mobile app market and determined that,” Philip Elmer-DeWitt reports for Fortune.
“Since its inception, Google’s Android Market Place has generated about 7% of the gross revenue of Apple’s App Store,” P.E.D. reports. “Apple has about 85% to 90% market share of the total dollars spent on mobile apps.”
P.E.D. reports, “Apple will probably maintain a 70%+ share of mobile app dollars spent over the next 3 or 4 years.”
More information in the full article here.