Apple Revenue to Increase by 70% in 2012

by Ryan Wunderlich on
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Last year alone, Apple’s app store revenue was somewhere in the vicinity of $2.9 billion; forecasts for this year are sitting at $4.9 billion. Increasing their previous year’s revenue by 70% can be attributed to several different factors, one of which is Apple’s new Maps application. With the terrible reviews that the new application has received worldwide, it is very likely that the necessity for third party applications will increase app purchases in the near future.

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